Existing Customers Are More Expensive to Serve Than New Customers

question 57

True/False

Existing customers are more expensive to serve than new customers.

---

Definitions:

Driver's License

An official document permitting a specific individual to operate one or more types of motorized vehicles on public roads.

Aptitude Tests

Standardized tests designed to measure an individual's potential to acquire skills and knowledge.

Achievement Tests

Tests designed to assess a person's knowledge or proficiency in a particular area or subject.

Future Performance

Predicted achievement or behavior in tasks or activities that will occur at a later time.