After major hurricanes like Katrina, many ethical home repair and building supply businesses continue to charge pre-hurricane prices to their customers, even though due to the huge increase in demand they could charge much more.
Question
After major hurricanes like Katrina, many ethical home repair and building supply businesses continue to charge pre-hurricane prices to their customers, even though due to the huge increase in demand they could charge much more. These firms probably recognize that – Q/A (Question and Answer)
Test Answer
Answer:
lifetime profitability of relationships matters more than profits from a particular transaction.
Recource BUSM&L 3150 Chapter 1 Quiz Questions
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