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Give a Brief Generalized Definition of a Customer's Perception of Service

question 37

Essay

Give a brief generalized definition of a customer's perception of service.


Definitions:

Task

A piece of work or duty to be completed, often with a specific objective.

Compounded Annually

Refers to the process of calculating and adding interest to the principal balance of an investment or loan once per year.

Investment

Allocation of resources, usually money, in the expectation of generating an income or profit.

Interest Rate

The ratio of a quantity of money that is charged for its use, usually represented as a yearly percentage rate.

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