Asked by Jeremy parent on Sep 28, 2024
In most cases,a long-term customer relationship is ________ a short-term customer relationship.
A) more profitable than
B) less profitable than
C) as profitable as
D) no different than
Long-Term Customer Relationship
An ongoing engagement between a business and its customers aimed at fostering loyalty, trust, and sustained interaction over time.
Short-Term Customer Relationship
A business strategy focusing on quick and immediate sales with little emphasis on building long-term customer loyalty.
- Acknowledge the comparative profitability of long-term versus short-term customer relationships.
Learning Objectives
- Acknowledge the comparative profitability of long-term versus short-term customer relationships.
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