Question: Please select the incorrect statement 1 point a ) When a company lowers its customer defection rate, average customer relationships last longer and profits climb
Please select the incorrect statement
point
a When a company lowers its customer defection rate, average customer relationships last longer and profits climb
b Retaining customers and growing their value is extremely protable as compared with business models which lose a high proportion of customers every year.
c Customer acquisition is expensive. It therefore, pays to retain customers for as long as possible.
d Companies with many customers do not need to use their resources to retain customer. Rather that effort will be better directed at winning new customers.
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