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3 years ago

Why does the “rfm” rubric present the three key measures (recency, frequency, and monetary value) in that order?

1 answer:

5 0

The order of the attributes in RFM conforms to the order of their importance in ranking customers. Recency is the most important factor. Recency alone won’t sort out your good customers from your new ones. You need frequency for that. Frequency measures the intensity of a customer’s relationship with your business. How much a customer spends on average or in total is the final measure of his or her monetary value.

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In her work at Powered Solutions, Angelica helps business clients identify, organize, and analyze data from social media sources

Sav [38]

Answer:

C) Data scientist.

Explanation:

Data science is the use of various methods such as algorithms, scientific methods, and systems to get insights and knowledge from structured and unstructured data.

Angelica in helping business clients identify, organize, and analyze data from social media sources, internal CRM databases, commercial entity sources, and government sources is taking a data scientist's role.

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4 years ago

Read 2 more answers

Buying a new car can create a financial challenge because...

Mamont248 [21]

B. Car payments must become part of the budget.

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3 years ago

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According to the aggregate demand curve, when the aggregate price level _____, the quantity of aggregate output _____. rises; de

iren2701 [21]

Answer:

rises; demanded falls

Explanation:

The aggregate demand curve exhibits a negative relationship between aggregate price levels and aggregate output demanded. If aggregate price levels falls, aggregate output demanded rises and if aggregate price levels rises, aggregate output demanded falls.

The aggregate demand curve is negatively sloped.

Please check the attached image for a graph of the aggregate demand curve.

I hope my answer helps you

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3 years ago

A plastic manufacturing company has made a strategic decision to purchase a fleet of 3- D printers and use these printers to pro

Tresset [83]

Answer:

$51,696.44

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Cash flow in year 0 = $-92,700

Cash flow each year from year 1 to 4 = $36,000

Cash flow in year 5 = r $17,500 + $36,000 = $53,500

I = 10.75%

NPV = $51,696.44

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

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4 years ago

A primary role of ________ is to describe how choices are made, analyze the results of those choices, and advise on how bette

marissa [1.9K]

Answer:

D. economists

Explanation:

Economists -

It refers to the person practicing in the field of economics , is refers to as an economists .

The person is responsible to deal with the concepts of economics , develop , study and apply the classical theories of economics .

The major importance of economist is to make optimal decisions using their complete knowledge of economics .

Hence , from the given information of the question,

The correct option is D. economists .

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3 years ago