__________ Is Defined as a Business Philosophy Aimed at Defining

question 37

Multiple Choice

__________ is defined as a business philosophy aimed at defining and increasing customer value in ways that motivate customers to remain loyal.

• A) Lifetime value management
• B) Customer orientation
• C) Market orientation
• D) Customer relationship management
• E) Retention management

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Definitions:

Total Assets Ratio

Total assets ratio refers to financial metrics that measure the efficiency and profitability of a company relative to its total assets.

Financing

The process of providing or obtaining the funds necessary for business activities, purchases, or investments.

Operations

The day-to-day activities involved in running a business, such as production, purchasing, and distribution, aimed at generating profits.

Cash Paid

The actual outflow of cash or cash equivalents as payment for goods, services, or financial obligations.