The Cost of Acquiring New Customers Is Lesser Than the Cost

question 37

True/False

The cost of acquiring new customers is lesser than the cost retaining current ones.

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Definitions:

Culture

The shared characteristics, including language, religion, cuisine, social habits, music, and arts, which distinguish one group of people from another.

Openness and Inclusiveness

A principle or practice of being open to diversity and including people from different backgrounds and perspectives.

Social Norm

An unwritten rule or behavior that is considered acceptable or expected within a society or social group.

Cultures

The characteristic features of everyday existence shared by people in a place or time, including beliefs, behaviors, and social norms.