Answer: Sole Proprietorship.
Explanation:
This question wants to know what type of business is described in the scenario.
In a Sole Proprietorship, the owner of the business is essentially the business itself. They control all aspects of the business from the operating activities to the financial activities of the firm. This is usually the first stage business type in an entrepreneurship.
The definition of a sole proprietorship above fits with what Doug does. Doug is the owner of the farming business and seems to be handling all aspects of it by himself. This would therefore make it a sole proprietorship.
The value of loyal customers or VLC is derived by multiplying the values of the purchase price, contribution margin, repurchase frequency, and buyer's life cycle with each other.
<h3>How do you calculate a loyal customer's average value?</h3>
- This number shows the amount of revenue your typical customer will likely provide to your company over the course of their dealings with you. Put into formula form: Customer value times typical customer longevity equals CLV. Using the equation: (P) (RF) (CM) = VLC (BLC) VLC = (75) (6) (10%) (1/0.25) VLC = $180.00 A loyal customer is worth an average of $180.00.
- Loyalty-based segmentation gauges a customer's level of adherence to your brand, whether it is through participation in a rewards program, the volume of their purchases, or their overall engagement with your marketing initiatives.
VCL= 75*0.28
6*1/0.25=481,090.91
To learn more about value of a loyal customer refer to:
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Enter January in A1 hold mouse in bottom right hand corner of cell. Hold mouse button down and drag the mouse. Excel will populate the months of the year
Answer:
a. A nonconstant pointer to nonconstant data
Explanation:
Pointer can be used to pass an argument by reference. Pointers may be assigned to any integer value. Functions parameters are passed by an array. The function which modifies an array by arithmetic pointer is nonconstant pointer to nonconstant data to process every value in array. Pointer arithmetic allows us to perform integer additions or subtractions for the operation in pointer.
