Identify the correct statement about the CRM-based marketing system
A) The acquisition rate is the percentage of customers in group that were obtained at the same time who are still customers.
B) Share of wallet indicates what percent of all purchase value in the category is your brand.
C) The survival rate is the probability of a customer being active or purchasing in a given time frame.
D) The lifetime duration is the percentage of customers who return who had previously defected.
B
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A policyowner who cannot borrow the equity, change beneficiaries, assign a policy or stop paying premiums without the beneficiary's written consent has designated the beneficiary as a(n):
A. Revocable beneficiary. B. Irrevocable beneficiary. C. Defined beneficiary. D. Primary Beneficiary.
The number of townships in a ranch that is 24 miles square is:
A: 4; B: 8; C: 16; D: 24.