Vidyalelo
Management · Q174

Marketing

Graduate and Post Graduate · Management · question 174

Q174

It is more costly to retain current customers by satisfying their needs, than to get new customers by taking them away from a competitor.

A.
TRUE
B.
FALSE
Answer

Answer: Option B

Solution

Answer: Option B
Solution:
Acquiring New Customers Is Important, But Retaining Them Accelerates Profitable Growth.