A commercial bank offers products and services such as loans, savings accounts, safety deposit boxes and mutual fund/insurance to individuals and businesses.
Answer:
False, its score should be 155.
Explanation:
RFM analysis scores customers on a ranking that goes from 1 - 5, with 5 being the best parameter (555 is the ideal customer). The factors used in a RFM analysis are recency, frequency, and monetary value.
Companies perform RFM analysis based on the idea that 80% of the company's total business comes from only 20% of its customers.
In this case, Ajax would get:
- 1 for recency since it hasn't purchased anything in a long time,
- 5 for frequency because when it used to purchase goods, they did it quite frequently
- 5 for monetary value because they were the largest sales
Banks and Credit Unions usually charge the lowest rates on loans.
The correct answer is:
"Search Network only"
Explanation and more answers: <span>https://goo.gl/QaLSjG</span>