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:

Electroencephalogram (EEG)

A diagnostic method used to measure the electrical activity of the brain.

Cross-Linking

The process of bonding connections between polymers or different parts of a single polymer chain to enhance stability and strength.

Arteriosclerosis

Hardening of the arteries.

Neurons

Nerve cells that transmit information through electrical and chemical signals, serving as the basic working unit of the brain and nervous system.