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:

Simp

A slang term often used to describe someone who is overly subservient to someone else, typically in a way that is self-deprecating or in pursuit of their affection, sometimes without receiving anything in return.

Add

In mathematics, it refers to the operation of combining two or more quantities to achieve a sum.

Conj

Conj, short for conjunction, refers to the logical operator that connects two propositions, statements, or terms, where the compound statement is true if both components are true.

Simp

A colloquial expression indicating someone who goes to great lengths to gain the favor of another, often ignoring their own dignity.