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Market Research · Quiz 2 · 3 Aug 2025 · May 2025 term

Question 21: Given below are the customer satisfaction study results …

Question 21

+5 marksOne correct option

Given below are the customer satisfaction study results of two banks. Which bank is likely to have better consumer retention?

Bank ABank B
Satisfaction mean score (scale 1 to 5)3.94.2
NPS+18+19
Mean score of Willingness to continue with the brand (scale 1 to 5)4.14.2
Satisfaction mean score on responsiveness4.04.0
Satisfaction on timeliness of documentation4.14.0
  1. A

    Bank A

  2. B

    Bank B

Show answer

Correct answer

  • B

    Bank B

Question 21 of 24 in the IIT Madras BS Market Research (Market Research) Quiz 2 paper sat on 3 Aug 2025, in the May 2025 term (IIT M DEGREE AN EXAM QDB2 03 Aug 2025). It carries 5 marks.

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