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svetoff [14.1K]
2 years ago
13

An important use of customer lifetime value data is: a. All of these are correct. b. as a replacement for market segmentation. c

. to determine the allocation of marketing resources to marketing programs. d. to decrease the need for targeting specific customer groups.
Business
1 answer:
maria [59]2 years ago
4 0

          An important use of customers' lifetime value data (CLVD) is all of the options. Option A is correct.

<h3>What is customer lifetime value data?</h3>

Customer lifetime value (CLV) is amongst the most important metrics to measure as a component of a customer experience journey. Customer lifetime value (CLV) is a metric for determining how important a client is to your business, not just for a single transaction, but for the entire relationship.

It's a crucial measure since keeping existing customers costs less than acquiring new ones, thus boosting the quality of your existing customers is a fantastic method to generate growth.

Knowing the Customer lifetime value (CLV) may help organizations establish strategies for:

  • Acquiring new consumers and
  • Retaining existing ones,

While keeping profit margins intact.

Learn more about Customer lifetime value (CLV) here:

brainly.com/question/22684208

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Which of the following is a correct statement? Multiple Choice Writing off an uncollectible account under the allowance method d
jok3333 [9.3K]

Answer:

Estimating un-collectible accounts expense improves the matching of revenues and expenses.

Explanation:

When uncollectibles are recorded through allowance method then, bad debts expense is provided, which reduces net income. But at the time of writing off only the allowance and accounts receivables account is affected and not the net income.

When direct method is used then also the net income gets reduced, as bad debt expense and accounts receivables is affected.

And as provided in first para, when estimating and creating the allowance for bad debts, it affects net income, and it also represents the true and fair view of expenses and income.

Thus, statement c is correct.

4 0
3 years ago
To handle products in the decline stage of the product life cycle, companies often use either a ________ strategy or a ________
quester [9]

To handle products in the decline stage of the product life cycle, companies often use either a <u>divesting </u>strategy or a <u>harvesting </u>strategy.

The rate of decline is governed by means of two factors: the charge of alternate customer tastes and the fee at which new products are input into the market. Sony VCRs is an instance of a product within the decline degree. The call for VCRs has now been surpassed through the demand for DVDs and online streaming of content material.

Decline techniques are also known as protective techniques and are pursued when a business enterprise finds itself in an inclined position as a result of negative management, inefficiency, and ineffectiveness.

Learn more about the business here: brainly.com/question/24448358

#SPJ4

5 0
8 months ago
It is clear that to produce the maximum material comfort for its citizens, a nation needs to _______.
mariarad [96]

Answer:

(D) Specialize in producing something that it is relatively good at producing.

Explanation:

When a country specialises in production of a good it is relatively good at producing, its citizens will not find it difficult to manufacture the good for local consumption and export.

If the country needs product it is not good at producing it imports it from other countries that have a competitive advantage in producing it.

This will produce maximum material comfort for its citizens.

6 0
3 years ago
As one of the top managers at DropLabs, Henry ensures that all his employees are given the right to speak freely with their mana
Mice21 [21]

Answer:

The Common Good Ethics Approach.

Explanation:

It is been argued that the best society is been guided by the people's general will.This was postulated by a French philosopher by name Jean Jacques Rousseau who lived in the year 1712 to 1778.

This approach to Ethics empathizes respect and compassion for others,most especially those vulnerable.

The employers ability to voice out their grievances,suggestions and contributions to the daily running of the organisation coupled alongside the mangers compassion and respect for all individuals confirms to my first statement which says 'The best society is been guided by the people's will ' and that supports the common good Approach.

4 0
3 years ago
Read 2 more answers
Expatriates who are citizens of neither an employer's parent country nor the foreign nation where they are residing and working
True [87]

An expatriate who is a citizen of his employer's home country and lives and works in another country is called a _____. citizens of the homeland.

Workers preparing for international assignments need information about practical issues such as housing, schooling and shopping in their future country of residence. What cross-cultural preparation is most valuable before leaving for an international assignment? Language lessons.

The most important remuneration items for expatriates are basic salary, cost of living adjustment, housing allowance, home leave, education allowance for dependents and insurance payment.

Host Country is any country other than the home country in which an organization operates facilities. An expatriate is an employee from a country other than the home country or host country.

Learn more about Expatriates at

brainly.com/question/17257768

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7 0
1 year ago
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