Final answer:
Informing customers about policies such as returns and warranties is crucial because they deserve full transparency to make informed purchasing decisions. These policies offer explicit reassurance of quality, fostering consumer trust and building long-term customer relationships. The correct option is C.
Step-by-step explanation:
The most important reason to inform customers about returns, service plans, product warranties, and guarantees is that customers deserve to have all the information they need in order to make the best decision about their purchase. While it's essential for protecting the store from fraud and is often required by law, the transparency in sharing these policies is crucial for customer satisfaction and trust.
Not only do guarantees and warranties serve as explicit reassurances of quality and service commitment, but they also help in building long-term relationships with customers by showing that the company stands behind its products.
Explicit reassurance from sellers such as money-back guarantees, warranties, and service contracts contribute significantly to consumer confidence, especially for mail-order or online retailers whose customers do not have the chance to inspect products beforehand.
Unstated guarantees, like a restaurant accepting returns of dishes, also play an important role in ensuring customer satisfaction.