________ Analysis Is a Way of Analyzing and Ranking Customers

question 32

Multiple Choice

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

• A) TQM
• B) CRM
• C) Market-basket
• D) RFM

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Definitions:

Profit-Maximizing Output

The level of production at which a company achieves the highest possible profit, where marginal cost equals marginal revenue.

Short-Run Equilibrium

The condition where supply and demand are balanced at a particular level of output and price over a short period.

Pure Monopolists

Entities that entirely dominate an industry or sector, with no competition due to unique products, control of resources, or significant barriers to entry.