______________Refers to the Process of Converting New Customers into Lifetime

question 114

Short Answer

______________refers to the process of converting new customers into lifetime customers by continually adding value to the product.

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Definitions:

Host Country

A country (other than the parent country) in which an organization operates a facility.

Parent Country

The country in which an organization's headquarters is located.

Organization

An entity, such as a company, institution, or association, composed of individuals working together to achieve a common goal.

International HRM

The process of managing and developing human resources on a global scale, addressing issues such as international staffing, compensation, and legal regulations.