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

Relate interpersonal skills and emotional maturity to managerial success and career progression.

Distinguish between productive and counterproductive traits in leadership contexts.

Comprehend the role of competencies in defining managerial qualities appropriate to specific settings or roles.

Understand the factors that help managers cope with the demands of managerial jobs.

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Definitions:

E-tailing

Electronic retailing or online shopping, which is the sale of goods and services through the internet.

E-procurement

Electronic procurement refers to the process of purchasing goods or services for a business using online platforms or technology.

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount to immediately generate cash.

Authenticating

The process of verifying the identity of a user or device, often as a part of securing access to systems and information.