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What is the relationship between constancy of purpose and lifetime value?

A. Lifetime value leads to constancy of purpose.

B. Lifetime value deals with new customers and constancy of purpose deals with existing customers.

C. Constancy of purpose increases lifetime value.

D.Lifetime value deals with existing customers and constancy of purpose deals with new customers.

1 Answer

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Answer: C. Constancy of purpose increases lifetime value.

Step-by-step explanation:

Constancy of purpose can be defined as the long term thinking process in which an organization can work as a whole system. This ensures the decision making policy of the government. The customer lifetime value is the metric system that shows how much profit is the organization receiving on one customer over time.

The constancy of purpose can increase the lifetime value of the customer as decision making strategies and planning can encourage the organization to bring more number of customers in contact and this will help in raising overall profit.

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