The Cost of Acquiring a New Customer Is Less Than

question 76

True/False

The cost of acquiring a new customer is less than the cost of retaining an existing one.

---

Definitions:

Promote Employees

The act of moving employees to a higher position or rank within an organization.

Classify Jobs

involves organizing various occupations into categories based on similar duties, responsibilities, skills, and employment criteria.

Gender

Socially and culturally constructed roles, behaviors, expressions, and identities associated with being male, female, or another identity.

Constructive Discharge

A situation where an employee resigns due to the employer creating a hostile or intolerable work environment, effectively forcing the resignation.