Share of a Customer Is a Term That Means the Potential

question 46

True/False

Share of a customer is a term that means the potential value that could be added to a given customer's value based on his or her percentage of purchases of a product with a particular vendor .

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Definitions:

Level of Expansion

Refers to the scale and scope of growth activities undertaken by a company to increase its business operations.

Z Score

A value's relationship to the mean of a series of values is depicted as being a certain number of standard deviations away from the average.

Standard Score

A statistical measure that expresses the distance of a score from the mean in units of standard deviation, also known as a z-score.

Raw Score

The original, unmodified score obtained in an assessment or measurement.