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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.

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Winsted Co. purchased a bond on December 1 of the current year for $ 49 comma 000 and classified the investment as trading. The
Anettt [7]

Answer:

Net income = $3000

C. $ 3 comma 000

Explanation:

For a company, net income is the residual amount of earnings after all expenses have been deducted from sales. In short, gross income is an intermediate earnings figure before all expenses are included, and net income is the final amount of profit or loss after all expenses are included.

In this case.. There is only a buy and a sell trade.

Net income= selling price- cost price

Net income= $52000-$49000

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4 0
3 years ago
Suppose that after hurricane​ Irene, the average income in Cape​ Charles, Virginia decreased by 2 percent. In response to th
satela [25.4K]

Answer:The income elasticity of demand for steak in Cape Charles is ___6.0%____. In this​ instance, steak in Cape Charles is __A luxury good_____

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The formula for calculating income elasticity is given as

Percentage Change in demand divided by the Percentage change in income

.

Income Elasticity = 12%/-2%= 6%

Luxury goods  have an income elasticity of demand greater  +1 what we can conclude from this is that buying streak from Cape Charles is not an essential economic activity because a fall in income resulted to a proportionate decrease in quantity demanded.

In this instance, steak in Cape Charles is  a Luxury good _____

7 0
3 years ago
Assess your individual capability for project teamwork. Tell why you feel you are strong in certain capabilities, and give strat
Dominik [7]

Answer:

my individual capabilities in project teamwork include tolerance, respect for difference in values, objectivity

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I am strong in certain capabilities because of my ability to think outside. To do this, some of my individual capabilities in project teamwork include tolerance, respect for difference in values, objectivity and avoiding instances of associated with crisis during work and an open policy system.

In the other vein, I would need to develop my weaknesses in the areas of over-tolerance and the useof vogue language when angry.

8 0
3 years ago
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bija089 [108]

Answer:

still be liable for Hala's contract.

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Although, before a partnership business can be dissolved, at least one of partners must give a notice of intent. If in the process of giving the notice, another member enters in a new contract, such will be valid and partners will still be held liable because the business has still not been dissolved in the eye of the law.

Any contract entered into by any partner in a partnership business aftet dissution becomes illegal hence not binding on other members.

6 0
3 years ago
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Lana71 [14]

Sales salaries are expensed at the time they are incurred.

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Sales salaries careers are well paid and he ranks third on this list of high-paying jobs without a degree. A salesperson's revenue is directly tied to their sales performance. This means that sales positions have excellent earning potential. Working in sales can be incredibly stressful.

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4 0
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