Prevention of Attrition of Customers Is an Equally Important Task

question 9

True/False

Prevention of attrition of customers is an equally important task like customer acquisition in a firm's customer management strategy

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Definitions:

Congenial Siblings

Brothers or sisters who have a friendly and pleasant relationship with each other.

Close Friends

Individuals with whom one shares a deep, mutual bond of affection and trust, often characterized by a long-term, significant relationship.

Adult Child

An individual who has reached the age of majority but is referred to in relation to their parents, often in the context of family dynamics.

Day-care Grandparents

Grandparents who take on the role of providing daily care for their grandchildren, often while the parents are at work.