Which Is the First Step in Customer Lifetime Value CLV)

question 5

Multiple Choice

Which is the first step in customer lifetime value CLV) maximization cycle?

• A)Pitching the Right Product to the Right Customer at the Right Time
• B)Managing Loyalty and Profitability Simultaneously
• C)Customer Selection
• D)Optimal Allocation of Resources
• E)Preventing Customer Attrition

---

Definitions:

Showed Maturity

Demonstrated the ability to respond to a situation or make decisions in a way that is consistent with adult behavior, often implying wisdom or emotional intelligence.

Suitable Spouse

An individual deemed appropriate for marriage based on various factors such as compatibility, social status, and personal preferences.

Reached Adulthood

The transition stage where an individual moves from youth into maturity, taking on responsibilities and legal recognitions associated with adults.

Behavior

The observable actions or reactions of individuals, often in response to external stimuli or internal decisions.