Tyche Inc., an electronics manufacturer, wants to assess future revenues and profit streams from each of its customers.It is focusing on the satisfaction and retention of its more profitable customers instead of spending its marketing efforts on attracting uninterested customers.Tyche is using _____ as a measure of effectiveness.

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Tyche Inc. is assessing future revenues and profit streams from each customer and focusing on customer satisfaction and retention of more profitable customers. This indicates that they are using Customer Lifetime Value (CLV) as a measure of effectiveness. CLV is a metric used to determine the total value a customer brings to a business over the entirety of their relationship. It helps businesses identify their most valuable customers and allocate resources accordingly.

Tyche Inc, an Electronics Manufacturer, Wants to Assess Future Revenues and and Profit