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Computing Customer Lifetime Value (CLV) Involves Three Kinds of Components

question 22

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Computing customer lifetime value (CLV) involves three kinds of components: (1) numbers about money, (2) numbers about time, and (3) a financing finesse.


Definitions:

Positive Personality Traits

Positive personality traits are enduring characteristics of individuals that are considered beneficial, desirable, or advantageous within a social or personal context.

Challenge

A task or situation that requires effort to overcome or accomplish.

Relaxation

The state of being free from tension and anxiety, often pursued through activities or techniques that reduce stress.

Worry

A state of anxiety or unease, often about future uncertainties.

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