Multiple Choice
Which of the following is false with regard to customer lifetime value?
A) It is a key measurement that forecasts a customer's lifetime economic contribution based on continued relationship marketing efforts.
B) It can be calculated by taking the sum of the customer's present value contributions to profit margins over a specific time frame.
C) It includes not only an individual's propensity to engage in purchases but also his or her strong word-of-mouth communication about the firm's products.
D) All customers have equal value to a firm.
E) It is the only gauge that incorporates revenue, expense and customer behaviour, and adopts a customer-centric approach.
Correct Answer:

Verified
Correct Answer:
Verified
Q56: If you were a marketing manager, under
Q57: Dylan, a 17-year-old secondary school student, wants
Q58: Procter & Gamble, like many firms in
Q59: Products that have a relatively low market
Q60: A group that has the willingness, ability
Q63: A market opportunity results from:<br>A)the right combination
Q64: The strategic planning process begins with:<br>A)the development
Q65: Toyota's _ for its Yaris is aimed
Q101: The primary way to reduce the discrepancy
Q142: Stars are profitable products that usually generate