The ________ is the potential profit generated by a single customer's purchase of a firm's products over the customer's lifetime.

A. customer equity
B. customer prioritization
C. customer lifetime value
D. customer segmentation
E. share of a customer


Answer: C

Business

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The following income statement is provided for Vargas, Inc.      ?Sales revenue (2,500 units × $60 per unit)$150,000  ?Cost of goods sold (variable; 2,500 units × $20 per unit) (50,000) ?Cost of goods sold (fixed) (8,000) ?Gross margin 92,000  ?Administrative salaries (42,000) ?Depreciation (10,000) ?Supplies (2,500 units × $4 per unit) (10,000) ?Net income$30,000  ?? What is this company's magnitude of operating leverage?

A. 3.00 B. 3.07 C. 1.67 D. 0.33

Business

Most well-developed presentations include three main sections which does NOT include ____.

A. an opening B. the body C. a conclusion D. a resource review

Business

The seller has the right to default on contractual obligations by rejecting tender of goods that conforms to the contract

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

Business

An integrated collection of information that is logically related and stored in such a way as to minimize duplication and facilitate rapid retrieval is called a ________

A) dataset B) data dictionary C) data definition D) database

Business