Which of the Following Statements Related to Predictive Analytics for Retention

question 31

Multiple Choice

Which of the following statements related to predictive analytics for retention is true?

• A) Breakouts of turnover rates across the organization are available through routine HRIS reports
• B) Best practices suggest that external consultants have little expertise when it comes to analyzing retention rates
• C) There is little reason to believe predictive analytic results will be different from self-reported retrospective reports regarding causes of turnover
• D) All of the above

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Definitions:

New Prospects

Potential customers or clients who have been recently identified as having the interest or capability to purchase a product or service.

Sales Presentation Experience

Sales presentation experience refers to the skills and knowledge gained from creating and delivering effective sales pitches to potential customers.

Prospecting Process

The method of identifying potential customers or sales leads, typically involving research, outreach, and qualification steps.

"MAD" Questions

Questions designed to Make A Difference, often aiming to deeply understand customer needs and expectations.