The customer type which is likely to have the highest lifetime value is: D. customers who are members of the company’s loyalty program.
<h3>What is a
loyalty program?</h3>
A loyalty program can be defined as a marketing strategy which is designed and developed to encourage customers to continuously patronize a business firm that's associated with the program by offering them:
In this context, we can infer and logically deduce that the customer type which is likely to have the highest lifetime value is the customers who're members of the company’s loyalty program.
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Complete Question:
You manage the Search strategy for an athletic apparel retailer. Which customer type will likely have the highest lifetime value?
A. Customers who participated in the brand’s most recent holiday sale
B. Lapsed customers who haven’t purchased from the brand in the previous year
C. Customers who have purchased at the retailer’s outlet location
D. Customers who are members of the company’s loyalty program
The correct statement about a sustainable competitive advantage is that: b. It cannot be copied by the competition.
<h3>What is competitive advantage?</h3>
Competitive advantage can be defined as the factors, conditions, or circumstances that allow a business firm to manufacture finished goods or services better and perhaps, cheaper than other rival business firms in the same industry.
In this scenario, we can infer and logically conclude that the correct statement about a sustainable competitive advantage is that It can't be copied by the competition.
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Complete Question:
Which of the following is correct about a sustainable competitive advantage?
a. It is not attractive because of its durability.
b. It cannot be copied by the competition.
c. It lowers costs by removing frills.
d. It does not offer any low-priced products
Answer:
y = 5x + 6
Explanation:
we need to things to do this, the slope and the equation of a line
slope = change in y/ change in x
change in y = (-4 - 1) = -5
change in x = (-2 - -1) = -1
-5/-1 = 5
y = 5x + b
plug in a point
1 = 5(-1) + b
b = 6
y = 5x + 6