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Which of the Following Best Describes a Lifetime Customer Value

Question 61

Multiple Choice

Which of the following best describes a lifetime customer value (LTV) ?


A) LTV is the value placed upon a retailer by a consumer
B) LTV is a numerical value of how much a "best customer" shops
C) LTV is an assessment of how many valued customers shop with a retailer
D) LTV is what a customer contributes to a retailer's profits over her lifetime
E) LTV is what retailers use to rate the value of guaranteed merchandise

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