The present value of a stream of revenue that can be produced by a customer is known as lifetime customer value

Indicate whether the statement is true or false


TRUE

Business

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Suppose Japan produces Widget A at the lowest cost. Then, Sweden discovers and uses new technology to produce Widget A at a slightly lower cost. What could Japan do to increase its comparative advantage in Widget A?

a. Japan could specialize on aspects of Widget A for which it is more productive relative to Sweden. b. Japan can produce less of Widget A. c. Japan can use its manufacturing sector to produce a different kind of widget. d. Japan can continue to produce Widget A with no changes in production.

Business

_____ are software applications that help workers produce more in less time.

Fill in the blank(s) with the appropriate word(s).

Business

The ______ can be a statistic, an example or a story, a rhetorical question, a reference to the past, a quotation, or anything that will draw the attention of the audience, as long as it is related to the topic.

a. closing statement b. transition c. attention getter d. concluding device

Business

A company's intranet is a web platform for interacting with business partners, such as customers, suppliers, and vendors

Indicate whether the statement is true or false

Business