Explain the concept of lifetime customer value
What will be an ideal response?
The present value of a stream of revenue that can be produced by a customer is referred to as lifetime customer value. Marketers who can retain more customers by satisfying them better than competitors will have profitable products in the long run, not just in the short run.
Business
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Aggressive stock management
A) requires holding speculative stocks for the long term. B) involves active stock trading in the short-term in the quest for capital gains. C) concentrates on the long-term growth aspects of a security. D) concentrates on high dividend yielding stocks.
Business
Discuss briefly the building blocks of a quality system
What will be an ideal response?
Business