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According to the Loyalty Effect,a 5% Reduction in Customer Attrition

question 79

Multiple Choice

According to the loyalty effect,a 5% reduction in customer attrition can improve profits by as much as __________ percent.


Definitions:

Age Grades

Social categories based on age, used in various cultures to assign roles, responsibilities, and status to individuals within the community.

Property

Legal rights or interests in land, buildings, intellectual creations, or physical items, owned or possessed by individuals or entities.

Untouchable Caste

Refers to members of certain Indian social groups historically considered outside the traditional Hindu caste system, facing significant discrimination and exclusion.

Indian Population

Refers to the people living in or originating from India, known for its diverse cultures, languages, and religions.

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