In Using RFM Codes,companies Know That the Worst Predictor of Future

question 64

True/False

In using RFM codes,companies know that the worst predictor of future purchases is the M,or monetary.

---

Definitions:

Fourfold Test

A method used to determine the status of a worker, assessing criteria such as control, ownership of tools, chance of profit, and risk of loss.

Vicarious Liability

A legal principle where one party is held responsible for the actions or negligence of another party, often in an employer-employee relationship.

Illegal Acts

Activities or actions that are expressly prohibited by law and subject to criminal or civil penalties.

Injunction

A legal order by a court that compels an individual, organization, or entity to do or to refrain from doing a specific act.