An RFM Analysis Considers How Recently a Customer Has Ordered

question 46

True/False

An RFM analysis considers how recently a customer has ordered and how much the customer has spent.

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Definitions:

Individualized

Tailor-made or customized to meet the specific needs, preferences, or conditions of an individual, particularly in healthcare plans.

Culturally Sensitive

An approach that is aware of and respects the differences in cultures and beliefs, especially in a healthcare context.

LPN/LVN

Licensed Practical Nurse/Licensed Vocational Nurse, a healthcare professional who provides basic nursing care under the direction of registered nurses and physicians.

Nursing Diagnosis

The clinical judgment about individual, family, or community experiences/responses to actual or potential health problems/life processes.