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Explain Why a Supermarket Owner Might Consider Customer Lifetime Value

question 103

Essay

Explain why a supermarket owner might consider customer lifetime value when a disgruntled customer leaves the store dissatisfied.


Definitions:

Well-Being

A general term for the condition of an individual or group, for example, their health, happiness, and comfort.

Sexual Orientation

Focus of consistent sexual, romantic, and affectionate interest, either heterosexual, homosexual, or bisexual.

Homosexuality

Sexual attraction, behavior, or orientation towards members of the same sex.

Tolerance For Alcohol

The capacity of an individual's body to endure or resist the effects of alcohol, which can increase through regular consumption over time.

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