Examlex
In general, when marketers focus on customers chosen for their lifetime value, they earn lower profits in future periods than when they focus on customers selected for other reasons.
Hispanics
A term used primarily in the United States to describe people of Spanish-speaking origin or ancestry, regardless of race.
Bureaucratization
The process by which an organization becomes increasingly governed by laws, rules, and standardized procedures, often leading to a more formal and complex structure.
Privatization
The process of transferring ownership of a business, enterprise, agency, or public service from the government to private individuals or organizations.
Health Care
Services provided by medical professionals to maintain or improve individuals' health, including prevention, diagnosis, treatment, and recovery.
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