Customer Lifetime Value (CLB) Uses an Estimate of a Customer's

question 24

True/False

Customer Lifetime Value (CLB) uses an estimate of a customer's future sales.

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Definitions:

Third Party

An individual or group besides the two primarily involved in a situation or contract, often implicated in legal or financial transactions.

Authorized

Having official permission or approval to do something, especially in a legal or formal context.

Contract

A legally binding agreement between two or more parties that is enforceable by law.

Surveyed

The process of examining and recording the characteristics, boundaries, and features of a land area for construction, legal, or environmental purposes.