There is a positive relationship between the length of time that a customer stays with a company and profit per customer.

Question

Quizplus · Accepted Answer

This statement is true. The longer a customer stays with a company, the more opportunities there are for that customer to make purchases and generate profits for the company. Additionally, long-term customers are likely to be loyal and refer new customers to the company, further increasing profits.

There Is a Positive Relationship Between the Length of Time