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1 . Why is the purpose of a business to create and keep customers? 2 . What is meant by customer value? 3 . What

1. Why is the purpose of a business to create and keep customers?
2. What is meant by customer value?
3. What is customer equity? How can a company increase its customer equity?
4. How would you describe relationship marketing?
5. Explain the importance of internal marketing.
6. Explain briefly the wheel of loyalty by looking at its 3 components.

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