________ Is a Way of Analyzing and Ranking Customers According

question 24

Multiple Choice

________ is a way of analyzing and ranking customers according to their purchasing patterns.

• A) Composite forecast
• B) RFM analysis
• C) Regression analysis
• D) Delphi technique

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Definitions:

Higher Education

A level of education beyond high school, including colleges, universities, and other post-secondary institutions.

Economic Stability

A state in which an economy experiences steady growth, low inflation, and low unemployment, leading to confidence in the financial system.

Opportunity Cost

The price paid for missing out on the alternative option when deciding.

Specialized Tools

Instruments or devices designed for specific tasks or industries, enabling more efficient and precise work in professional and technical fields.