Why Customer Retention Is So Important Good customer retention is vital to any organization because a slight reduction (5%) in the customer defection rate has a disproportionately positive effect on profitability (depending on the cost of acquisition‚ ranging between 25 and 80 %!). Companies with high retention also grow faster. However‚ customers can only be retained if they are loyal and motivated to resist competition. When customers are merely satisfied with the service they receive they may
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civil rights. Of the most common factors skin color plays a large role in these injustices‚ but people even suffer discrimination from their own race. This proves to be evident in today’s society more than ever before with issues of homosexuality‚ political debates‚ wealth. As humans we tend be to for the betterment of ourselves and having civil rights for everyone seems to be constantly in the way. In general people always want their opinion to be the “most correct”‚ and being wrong is so much of
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What makes ASE certification so important? To start off to be ASE certified is like being a Medical Doctor. ASE Certifications are presented to technicians in order to be identified as a skillful and competent individual. You wouldn’t want to go to the Doctors and have surgery performed on you knowing that the surgeon isn’t qualified highly enough would you? This is a thought some may be thinking when pertaining to their vehicles. If your vehicle is causing you issues and further concerns‚ wouldn’t
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generations of America. The Bill of Rights has given the people what they need to succeed in everyday life as well as enjoy the liberties each and every person deserves. By signing the declaration of independence‚ the founding fathers have proven that certain rights of the people are not to be messed with. The constitution has guaranteed the most basic freedoms to any and all people of America. The most fundamental rights of the American people can be found in the Bill of Rights and the declaration of independence
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Miranda rights is the name of a warning that is given by an officer to criminals before they are brought into custody. Miranda right is something that tells a criminal his or her own rights to do. This means that the Miranda rights is so important because police officers always must tell people their rights before arresting them‚ so If the officers don’t tell them anything the person would not know what he or she have to do. So before you are questioned by the police they say you have the right to remain
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Fame is heaven and hell for the influential among us. Of course‚ it is most of humanity’s goal to be remembered. No one wants to fade into obscurity‚ their life becoming nothing‚ but a wisp that doesn’t leave behind any lasting remains. However‚ if you are to become famous‚ your privacy and sense of security is stripped from you immediately. Any secret or past scandal will bubble to the surface. The easiest way to avoid this‚ but still receive glory‚ is simply to become famous after you are dead
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Slavery was arguably a very important part of the American economy in the 1800s‚ to the extent where this thriving economy would be sought out to the end even if it meant the cost of a human being’s freedom and dignity. So you could imagine the 1860s decision to abolish slavery in the U.S. came as a shock to most‚ regardless of your position on the matter. Nevertheless it is seen as a very progressive moment for the country. Slavery had ended but other issues arose to replace it; African Americans
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There are several important things for an actuary to consider when setting the premium rates. They make projections of the future costs and they base these projections on historical results‚ probabilistic models‚ and their own judgments. Actuaries must consider different risk pools and make the premiums fair to all. For instance‚ they can consider statistically how likely a driver is to get into a car accident with several speeding tickets versus a driver with none. In order to use the predictability
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intellectual property rights in the digital age. These issues have resulted in various lawsuits‚ creations of laws‚ new definitions‚ and differences of opinion. I plan to elaborate on both sides of this issue and how the digital age has enabled this to become one of the hottest controversial issues in regards to the internet and the digital age. First I would like to go into the history and background of why people are for the protection of intellectual property rights. Intellectual property rights are
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is unification so integral and important in the development of the earliest dynasty in China? Unification is important and integral in the development of the earliest dynasty because it could gain control over the rest of China and also to recover from the Mandate of Heaven. Also‚ they saw this as a reason for their empires to be more stable which means there are fewer wars to happen. They could also see this as a chance of becoming a prosperous nation when it comes to the economic side of the unification
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