Examlex
What are the advantages and limitations of bureaucracies?
Lifetime Value Perspective
An approach in marketing that focuses on the total revenue or profit a business can expect from a customer over the duration of their relationship.
Customer Retention
The activities and actions companies take to reduce the number of customer defections and to encourage customers to continue using their services or products.
Profitable Marketing Strategy
A plan for marketing products or services that focuses on generating significant profit margins and return on investment.
Cash Cow
A product, service, or business unit that generates significantly more money than it costs to maintain, often providing the funding necessary to support other business activities.
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