Question: Customer lifetime value Group of answer choices emphasizes a short - run approach to marketing management. is basically a historical measure of how profitable a
Customer lifetime value
Group of answer choices
emphasizes a shortrun approach to marketing management.
is basically a historical measure of how profitable a firm has been in the past.
applies to firms that target final consumers but not to firms that target business customers.
will increase if a firm increases its market share with a particular strategy.
considers the total profits a customer contributes to the firm over the length of the relationship.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
