Question
If customer acquisition cost keeps rising while
retention remains constant, long-term profitability will depend mainly on:Solution
Higher lifetime value offsets rising acquisition costs. Why others are incorrect: Penetration increases share but not necessarily profit; Advertising increases cost; Branch expansion costly; Logo redesign cosmetic. Banking Example: Increasing cross-sell to raise lifetime revenue.
5 positive numbers are written on a piece of paper. Sum of first 3 numbers is 55 and ratio of the 4th and the 5th number is 2:3. If difference between t...
In a class of 50 students, the girls are 76%. The average weight of boys is 62 kg and that of girls is 58 kg. What is the average weight (in kg) of whol...
The average age of P, Q, and R is 22 years. Two years ago, the sum of the ages of P and Q was 5 years less than the age of R. Find the present age of R.
While tabulation of marks scored in an examination by the students of a class, by mistake the marks scored by one student got recorded as 93 in place o...
The average marks of a class of 40 students were 75. When the marks of 5 students were removed, the average marks of the remaining students became 72. W...
Fifteen numbers have an average of 70. The average of the first seven is 60, and the average of the last five is 63. The eighth number is 50% of the ni...
The average of 7 numbers is 28. The average of first three of them is 23 and the last three of them is 42. Then the fourth number is:
The average of 27 numbers is 20.The average of first 13 numbers is 15 and that of the last 13 numbers is 18. What will be the 27th number?
Average of 15 observations calculated by a student was 70 but when he again went through his observations he realised that he took value of three observ...
The average of 30 numbers is 60. The average of first 16 numbers is 64 and that of the last 16 numbers is 56. If 15th number and 16th numbers are exclu...
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