The answer is recency. This part of the RFM model. It is a marketing investigation tool used to classify a firm's best customers by calculating definite factors.
The RFM model is founded on three quantitative factors which are:
Recency - How recently a customer has made an acquisition or purchase of productFrequency – How frequent or often a customer makes a purchaseMonetary Value - How much cash a customer spends on purchases
RFM analysis often sustains the marketing saying that "80% of business comes from 20% of the customers."
Answer:
1. Critical incidents
Explanation:
Performance appraisal method involves various techniques used in measuring the effectiveness and efficiency of workers in an organization. One of those method of performance appraisal is the use of Critical Incidents. Critical incidents involves the analysis of an employee behaviour towards certain events indicating how well he did, where he could do better and the ones he did well in. It involves the employer/manager or whoever collects the performance ratings keeping a log or data of both the negative and positive behavior of the employee work actions.
Answer:
They must disclose that they are entitled to having access to the medical record of the subject. This is usually disclosed in the form of an informed consent that provides access to the auditor, monitor, regulatory authorities and IRB/IEC. This is usually for verification purposes of the data and procedures used in the research. No confidentiality or data violation issues outside the law may arise by this consent.
Explanation:
Answer:
The real GDP increased by 44%.
Explanation:
The nominal GDP is the measure of economic growth which measures change in output at the current market price.
While, the real GDP calculates the change in output at constant prices. It is inflation adjusted method and does not include change in price level. It purely measures the change in economic output.
The consumer price index = Nominal GDP/Real GDP
In other words, Real GDP= Nominal GDP/consumer price index
Real GDP in 2009=
=$1
Real GDP in 2010=
=$1.44
So, the GDP growth rate will be, $(1.44-1)*100=44%
At breakeven point, the cost is equal to the revenue. This also means that the net profit is equal to zero. If we let x be the number of units sold or produced, the total costs and revenue are calculated as follows:
Total Cost = 10x + 10,000
Total Revenue = 20x
Equation both,
10x + 10,000 = 20x
The value of x from the equation is 1000.
Answer: 1000
