Customer life-cycle costs focus on total costs incurred by the customer from purchase to disposal.

Name: Customer life-cycle costs focus on total costs incurred by the customer from purchase to disposal.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

Customer life-cycle costs take into account all costs incurred by the customer throughout the entire life cycle of the product or service, from purchase to disposal. This includes not only the initial purchase price, but also costs associated with maintenance, usage, upgrades, and disposal.

Customer Life-Cycle Costs Focus on Total Costs Incurred by the Customer