Business Studies, asked by sushilbayen3672, 11 months ago

if a company has good customer retention that means it has what?

Answers

Answered by sachinarora2001
2
If a company has good customer retention that means company has very good goodwill at every field. Goodwill is the reputation of the business. Goodwill of business is must. Without goodwill business can't survive in the market for long period... So one more thing is that if company has good customer retention then it increases business or company s goodwill which helps the business in earning lot of benefits...
Answered by Anonymous
57

Explanation:

If a company has good customer retention that means company has very good goodwill at every field. Goodwill is the reputation of the business. Goodwill of business is must. Without goodwill business can't survive in the market for long period... So one more thing is that if company has good customer retention then it increases business or company s goodwill which helps the business in earning lot of benefits...

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