In the emulation stage of a vertical trend, an original design is modified and then sold by fine department stores

Indicate whether the statement is true or false

True

Business

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__________refers to the follow-up activities that a service firm might engage in after a customer transaction

Fill in the blanks with correct word.

Business

What is the relation between the customer retention (CR) and average customer life (N)?

A) CR=1/N B) CR=1+(1/N) C) CR=N/2 D) CR=(N-1)/2 E) CR= 1-(1/N)

Business