Define Customer Equity, and Explain Why It Is Important to a Company

question 24

Essay

Define customer equity, and explain why it is important to a company.

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Definitions:

Cosmetics

Substances or products used to enhance or alter the appearance of the face or fragrance and texture of the body, ranging from makeup to skincare products.

Hunt Whales

The practice of pursuing and killing whales for their meat, oil, and other products, a subject of international regulation and ethical debate.

Filter Feeders

Organisms that feed by straining suspended matter and food particles from water, often contributing to the cleanliness of their ecosystems.

Virgin Mangrove Forest Swamps

Pristine coastal ecosystems characterized by salt-tolerant trees and dense root systems, providing critical habitat for a variety of species and protecting shorelines from erosion.