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AlladinOne [14]
2 years ago
8

The emphasis on keeping customers for long periods of time is the central focus of ______ value and the reason firms focus on cu

stomer relationships.
Business
1 answer:
Archy [21]2 years ago
3 0

Answer:

Customer Lifetime Value

Explanation:

Customer Lifetime Value is a measure of how much amount of money a customer spends on your business/products/services over the course of his whole lifetime.

It is a predictor of how well you are doing to retain your existing customers.

Why is it important?

suppose you spend $10 to advertise your product (belt) and a customer buys 5 belts on average every year for 15 years. You get $12 profit for each belt sold.

12*5*15= 900$

Subtract the advertising cost

900-10=890$ This is your customer lifetime value

Now imagine what would have happen if we had to sell these belts to 75 different customers?

The advertising cost to attract 75 customers would have been too much and hence net profit and customer lifetime value would be very less.

75*10=750$

900-750=150$

This is why customer lifetime value is important and businesses focus on retaining their customers for longer periods.

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When a financial friction is added to the short-run model it: Group of answer choices shifts the MP curve up. shifts the IS curv
Alexeev081 [22]

Answer:

When a financial friction is added to the short-run model it: shifts the MP curve up.

Explanation:

The short-run model, IS/MP model, describes the Investment-Savings/Monetary Policy model used by the US Federal Reserve to decrease the real interest rate through the Federal Funds rate, i.

The Federal Funds rate is the interest rate that commercial banks with excess reserves lend to others in deficit.  The resulting shift occasions a decrease in the real interest rate which triggers an increase in the inflation rate, and vice versa.  With such short-run changes in the interest rate, inflation and output is influenced in desirable directions by the Federal Reserve as a foundation to achieve long-term shifts in the AD-AS model.

The AD-AS model is a long-term model that describes Aggregate Demand and Aggregate Supply which impact long-term inflation, interest rates, and output.

7 0
3 years ago
Adjustments for unearned revenues: Select one: a. decrease liabilities and increase revenues. b. increase liabilities and increa
Mnenie [13.5K]

Answer:

(D) decrease revenues and decrease assets

Explanation:

Since the revenue is unearned, its entry in the books needs to be reversed.

When a revenue was recorded in the books, the like journal entry would have been.

Debit Cash/Bank/Receivables Account (thus increasing asset)

Credit Revenue Account (thus increasing revenue)

There, reversing the entry will involve decreasing revenue and decreasing asset.

8 0
3 years ago
Leaders have the duty and responsibility to plan in advance for all foreseeable situations and circumstances for all activities.
iren [92.7K]

Answer:

True

Explanation:

It is responsibility and duty of leaders to know about all circumstances and situations , Leaders needs to plan before any bad things happen to Company. If he did not do such thing , may be failure outcome happen.

8 0
2 years ago
Over the last six years, prices and investing activity in the bond market rose for two years and then fell consistently for the
bezimeni [28]

Answer:

Secular bear market

Explanation:

A secular bear market is a long term trend that lasts between 5 to 25 years which consists of a smaller bull market and a larger bear market. It means that a small period of increase in prices is followed by a prolonged period of a decrease in price.

A secular bear occurred between January 1980 to June 1999 in the gold market.  During this time, the price of gold fell   $850/oz  to  $253/oz

A secular bull market is a long term trend that lasts between 5 to 25 years which consists of a small period of decline in prices is followed by a prolonged period of a rise in price.

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2 years ago
According to the international financial reporting standards, partnerships must disclose information in the same manner as
katrin [286]
The disclosure should follow the International Financial Reporting Standards.  It should fairly show the presentation, provided that all the necessary documents are submitted to be a statement of financial position. <span>Disclosure in a partnership has to make the same guidelines as the entity requirements.  </span>
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3 years ago
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