Customer Lifetime Value (CLV) Measures the Value a Customer Will

question 9

True/False

Customer lifetime value (CLV) measures the value a customer will bring to an organization in the future.

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Definitions:

Excitatory

Pertaining to or causing excitation, often used in the context of neurotransmitters or synaptic inputs that increase the likelihood of a neuron firing.

Inhibitory

Relating to or resulting in the suppression or hindrance of a process, especially in the context of neurological or biochemical functions.

Axon Terminal

The endpoint of an axon where neurotransmitters are released to communicate with other neurons or muscles.

Dendritic Spine

Protrusion that greatly increases the dendrite’s surface area; typical point of dendritic contact with the axons of other cells.