Define customer equity, and describe three things that affect customer lifetime value
What will be an ideal response?
Customer equity is the sum of lifetime values of all customers. Customer lifetime value is affected by revenue and by the costs of customer acquisition, retention, and cross-selling.
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Explain the rules regarding the accounting periods available to corporate taxpayers.
What will be an ideal response?
Proper segregation of duties calls for separation of the following functions:
A. Authorization, payment, and recording. B. Authorization, execution, and payment. C. Custody, execution, and reporting. D. Authorization, recording, and custody.
Depreciation in accounting records the decrease in value of an asset.
Answer the following statement true (T) or false (F)
Brainwriting is a written form of brainstorming.
Answer the following statement true (T) or false (F)