Lifetime Value Is a Figure That Represents Revenues and Profits

question 139

True/False

Lifetime value is a figure that represents revenues and profits received from a customer throughout the lifetime of a relationship.

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Definitions:

Dividend Payout

The portion of net income paid to shareholders as dividends, usually expressed as a percentage.

Full Capacity

The maximum level of output that a business can sustain over a period of time, utilizing all available resources efficiently.

Financial Planning

The process of constructing a financial strategy or plan to meet an individual's or organization's long-term financial goals.

Sales Growth

Sales growth is the increase in sales over a specific period, indicating the company's ability to grow its business and expand its market reach.