____________Is Created by Changes in Persons That Bring About Skills

question 34

Multiple Choice

____________is created by changes in persons that bring about skills and capabilities that make them able to act in new ways.

• A) Social capital
• B) Cultural capital
• C) Physical capital
• D) Human capital

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Definitions:

Profit Potential

The capability of a business or investment to generate earnings over a period, indicating its financial viability and attractiveness.

Lifetime Value Analysis

A comparison of the costs of retaining customers and the costs of acquiring new customers, to determine how much money each type of customer requires.

Retaining Customers

Strategies and activities that a business uses to prevent customer defection and to maintain long-lasting relationships with them.

Acquiring New Customers

The process of gaining new consumers or clients for a business's products or services, often involving marketing and sales strategies.