Customer Lifetime Value Describes the Net Present Value of the Stream

question 85

True/False

Customer lifetime value describes the net present value of the stream of future profits expected over the customer's lifetime purchases.

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Definitions:

Secure

A term describing measures taken to protect information, data, and communications from unauthorized access, theft, or damage.

Hacker

An individual who uses their technical skills to gain unauthorized access to systems or networks, often for malicious purposes.

Network Illegally

Unauthorized access or use of a computer network without permission.

Active Memory

Also known as RAM (Random Access Memory), it is the part of a computer that is used by the operating system, software, and currently active processes for storing data temporarily.