Customer Lifetime Value Is the Combined Total of All Future

question 32

True/False

Customer lifetime value is the combined total of all future sales.

---

Definitions:

Consumers

Individuals or groups who purchase goods and services for personal use.

Utility

The satisfaction or benefit a consumer derives from consuming a product or service.

Textile Industry

A sector engaged in the production of yarn, cloth, and the subsequent design or manufacture of clothing and their distribution.

Athletic Performance

The level of achievement and proficiency demonstrated by an athlete or sports participant in competitive settings.