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viktelen [127]
3 years ago
7

_____ is an important concept when we realize that losing a customer means losing more than a single sale. It means losing the e

ntire stream of purchases that a single customer would make over a lifetime of patronage.
Business
1 answer:
pogonyaev3 years ago
6 0

Answer:

Customer lifetime value

Explanation:

Customer lifetime value is the amount a client is expected to spend on your products for the duration of their lifetime. It is a forecast of the future value of a customer to the business.

So when we lose a single customer it is not only the short term sales that has been lost, but future streams of income that would have come to the business.

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Suppose that two things happen simultaneously in the market for fish. First, a new technology allows fishing boats to catch more
erastova [34]

Answer: Option (a) is correct.

Explanation:

Advanced technology is a determinant of supply and consumer taste & preferences is a determinant of demand.

Therefore, improvement in technology in catching fish will lead to increase the supply of fish and this will shift the supply curve rightwards. On the other hand, eating fish prevents heart attacks, hence, consumer's demand for fish increases, as a result demand curve for fish also shifts rightwards.

This will lead to increase the equilibrium quantity but effect on equilibrium price is ambiguous because it will be depend upon the magnitude of the shifts of demand and supply curve.

3 0
3 years ago
Top’s Hats Inc. uses a CRM system to integrate information on customers across its finance, sales, logistics and marketing depar
LuckyWell [14K]

Answer:

Data consolidation.

Explanation:

Data consolidation involves the gathering, collection and storage of data in a single place.

Data consolidation helps an organisation in the reduction of costs because the business will have no need for purchasing different hardwares such as routers and servers.

Data consolidation helps to improve the security system of the organisation by protecting it from various forms of cyberattacks.

3 0
3 years ago
Tyler company has been approached by a new customer with an offer to purchase 6,000 units of its product kr200 at a price of $11
Lilit [14]
So tyler company gets new customer which purchase 20% of the production whcih company sales during business year with th 40% discount.
8 0
4 years ago
The central bank of Albernia likes to use changes in the reserve requirement to manage the money supply. The commercial banks of
andreev551 [17]

Answer:

$10,000 million

Explanation:

The computation of  the change in the money supply is shown below:

At 10%

Required reserves= deposits × required reserve ratio

= $1000 million × 10%

= $100 million

Now

The total amount of money supply is

New deposits= 1 ÷ required rate of return  x deposits

= 1 ÷ 10% × $1000 million  

= 10 x $1000

= $10,000 million

At 5%

As we know that

Required reserves= deposits × required reserve ratio

= $1000 million × 5%

= $50 million

Now

The total amount of money supply is

New deposits= 1 ÷ required rate of return  x deposits

= 1 ÷ 5% × $1000 million  

= 20 x $1000

= $20,000 million

Now change in supply is

= $20,000 million -$10,000 million

= $10,000 million

7 0
3 years ago
Awesome Sweets sells different kinds of cookies, candies, and other sweets. Awesome Sweets has a return on assets (ROA) of 6.9%
Nostrana [21]

Answer:

Check industry standards

Explanation:

In order to be sure that a financial indicator is fine, the company must check it against it's market. The above average the better.

7 0
3 years ago
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