Over the past year a cleaning service spent 370000 and, Ask an Expert

Management Studies

Over the past year, a cleaning service spent $370,000 and acquired 8,400 new customers. Of the 16,000 customer relationships in existence at the start of the year, 12,000 remained at the end of the year, despite $58,000 spent during the year in attempts to retain all customers. What is the Average Acquisition Cost? What is the Average Retention Cost?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92516925

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