RFM Analysis Analyzes and Ranks Customers Based On

question 36

Multiple Choice

RFM analysis analyzes and ranks customers based on:

• A)their purchasing patterns.
• B)their income status.
• C)their residential location.
• D)Both A and B
• E)All of the above

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Definitions:

Management Reserve

A budgetary allocation set aside to address unknown risks and unforeseen costs in a project.

Scope of the Project

The sum of all the project work and objectives to be achieved; this includes tasks, goals, deliverables, and constraints.

Managing Cash Flow

The process of monitoring, analyzing, and optimizing the net amount of cash receipts minus cash expenses.

Company's Money

The financial resources or capital belonging to a corporation, used for operational, investment, and strategic purposes.