The Customer Lifetime Value (LTV)model Is Based on Historical and Potential

question 50

True/False

The customer lifetime value (LTV)model is based on historical and potential share of business.

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Definitions:

Rules At Work

Guidelines or principles established within a workplace to govern behavior and procedures.

Sensitivity

The quality of being responsive or susceptible to external conditions or stimuli.

Threatening Upward Comparison

It involves comparing oneself to others who are perceived to be better in some way, which can result in feelings of threat or inferiority.

Interpersonal Concern

The consideration and awareness of the feelings, needs, and well-being of others in social interactions or relationships.