1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Valentin [98]
3 years ago
6

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

Business
1 answer:
snow_lady [41]3 years ago
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.

You might be interested in
When an MNC needs to finance a portion of a foreign project within the foreign country, the best method to account for a foreign
Misha Larkins [42]

Answer: A

Explanation:

derive the net present value of the equity investment.

3 0
3 years ago
Alfonso has noticed that increases in unemployment insurance claims are associated with recessions, and therefore be advocates l
7nadin3 [17]

Answer:

<em>c. The reasoning of both Alfons and Mary suffers from the omitted variable problem</em>

Explanation:

The issue of omitted variables occurs as a result of mis-specification of a linear regression model, which could be either because the impact of the omitted variable on both the dependent variable is unclear, or the evidence was not accessible.

This causes you to omit the variable from your regression, resulting in over-estimation (upward bias) or underestimation (downward) of the influence of one of the other predictor variables.

3 0
3 years ago
The law of variability says that​ "the greater the random variability either demanded of the process or inherent in the process
Aneli [31]

Answer:

C. the less productive the process​ is.

Explanation:

Variability refers to the property when the given substance are highly probable to change and that the results accordingly change.

In that condition there is no drawn pattern for such change, as it might or might not change according to the expected scale and level.

In this, if there is high variability, then the results can be that the resulting process will be least productive, as there are so many uncontrollable changes.

Accordingly, since no proper management of the related process is possible, the results will not be productive.

6 0
3 years ago
You have a workbook that contains sales data for different regional sales reps of a company. which task is the least likely to b
arsen [322]

The least likely task to be done while the worksheets are grouped when you have a workbook that contains sales data for different regional sales representatives of a company, is to make sure that you ungrouped sheets if ever you want to perform a task on only one worksheet because if you forget to ungroup sheets you could potentially ruin several worksheets by overwriting data on all worksheets instead of just the active worksheet.

6 0
3 years ago
Who is the best rapper??
omeli [17]

Eminem is best rapper and musicians

5 0
2 years ago
Read 2 more answers
Other questions:
  • The following information is available for Oriole Company
    15·1 answer
  • What is capgemini target % for pgp content completion at the beginning of a rapidstart?
    12·1 answer
  • A merger between a company and one of its suppliers is known as a _______ merger.
    14·2 answers
  • Which career is best suited for people who have a high school diploma
    15·1 answer
  • If you had $1,000 to invest into the following funds, which one would have the highest value (not including any fees) at the end
    10·1 answer
  • An employee wore disposable gloves to form raw ground beef into patties. When she finished, she kept the gloves on while she sli
    11·1 answer
  • Which of the following statements is CORRECT?a. One defect of the IRR method is that it does not take account of the time value
    14·1 answer
  • 8. Which factor is considered the most critical in determining where customers choose to shop?
    14·1 answer
  • Vihaan Chemicals Company processes a number of chemical compounds used in disinfecting health club fitness equipment. One compou
    12·1 answer
  • The deal your assistant signs calls for the sale of a minimum of260 chairs and up to 450 chairs. The price will be $91 per chair
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!