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The RFM Score Is Obtained by Ranking the Customers on the Basis

question 9

True/False

The RFM score is obtained by ranking the customers on the basis of pricing patterns.


Definitions:

Influence Tactics

Strategies or actions used by individuals or groups to persuade or direct the behavior or decision-making of others towards a desired outcome.

Ethical and Honest

Behaviors and practices that are morally right, characterized by fairness, transparency, and integrity.

Neutral

Not favoring any side in a conflict, competition, or comparison; impartial.

Debasement

The reduction in quality or value of something, often deliberately for personal gain or advantage.

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