LL Bean Inc

question 89

Multiple Choice

L.L. Bean Inc. has been reducing the number of catalogues it sends out while increasing its sales and profits. L.L. Bean now identifies customers who have purchased recently and often and have spent considerable money. Such customers are most likely to purchase again. What is L.L. Bean using to identify these customers?

• A)predictive data
• B)trend data
• C)correlation analysis
• D)recency-frequency-monetary analysis

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Definitions:

Rails Division

Rails Division typically refers to a segment or department within a company or government responsible for the management, operation, and maintenance of railway systems.

Income From Operations

The profit generated from a company's everyday business activities.

Division 3

Pertaining to a specific categorization within a larger organization or system, often used in sports or hierarchical structuring.