For the Information Given,rank the Two Customers in Terms of Customer

question 35

Essay

For the information given,rank the two customers in terms of customer lifetime value.​ $\begin{array}{clll} & \text { Avg. Annual Sales } & \text { Avg. Profit Margin } & \text { Expected Lifetime } \\\text { Customer A: } & \$ 3,500 & 15 \% & 10 \text { years } \\\text { Customer B: } & \$ 4,000 & 14 \% & 8 \text { years }\end{array}$ ​Use a discount rate of 8 percent and treat the average sales figures as annuities.

---

Definitions:

Technological Reliance

The extent to which individuals, societies, or organizations depend on technology for functioning and advancements.

Expert Systems

Computer systems that mimic the decision-making abilities of a human expert in a specific field, using a set of programmed rules.

Orientalism

A term describing the Western depiction and stereotyping of aspects of Eastern cultures, often based on unfounded assumptions.

Consequences

Outcomes or effects that result from an action or condition, impacting future events and decisions.