Question
If Pete's customer base remains at 1200 and he increases his customer retention rate by 5%, what increase in profits will Pete see? Please state
If Pete's customer base remains at 1200 and he increases his customer retention rate by 5%, what increase in profits will Pete see? Please state your answer in a dollar amount.
Given that Pete's most recent profits were $17,500, what percentage increase in profits does your answer to Question 1 represent?
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Introduction to Hospitality
Authors: John R. Walker
6th edition
013281465X, 978-0132814652
