What is the primary reason for giving away valuable things for free in business?
The Power of Giving Up for Free: Building Trust and Growing Your Business

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Business
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Professional Development
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To reduce inventory
To build trust and authenticity with customers
To increase product prices
To decrease competition
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key benefit of giving away value for free?
It increases product shelf life
It reduces marketing costs
It decreases employee turnover
It helps in gaining customer advocates
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does giving for free impact brand credibility?
It has no impact on brand credibility
It enhances brand credibility
It makes the brand less recognizable
It diminishes brand value
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is suggested as the first step in starting to give for free?
Publicizing all your efforts
Starting on a large scale
Trying on a small scale
Avoiding any experimentation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the potential outcome of experimenting with giving for free?
It causes customer dissatisfaction
It leads to business closure
It becomes an addictive and effective strategy
It results in immediate profits
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