3. What is Customer Perceived Value?
the difference between the prospective
customer’s evaluation of all the benefits and
all the costs of an offering and the perceived
alternatives
8. What is Loyalty?
a deeply held commitment to re-buy or re-
patronize a preferred product or service in the
future
9. What is Customer Satisfaction?
a marketing term that measures how products or
services supplied by a company meet or surpass a
customer's expectation