The opportunity cost of any choice you make is the highest-valued alternative that you had to give

up when you made the choice.

Indicate whether the statement is true or false

FALSE

Business

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After calculating the CLV of its customers, American Auto Supplies identified its most profitable customers and also found that a significant percentage of its customers are unprofitable

Which of the following actions would American Auto Supplies most likely take based on these findings? A) fire its unprofitable customers B) offer the highest level of customer service to its unprofitable customers C) encourage unprofitable customers to become product champions D) discontinue discounts for all but its most profitable customers E) provide slightly lower levels of customer service to its most profitable customers

Business

Treaties affect relations between sovereign governments only and do not affect the way companies do business

a. True b. False Indicate whether the statement is true or false

Business