RFM Analysis Analyzes and Ranks Customers Based on ________

question 19

Multiple Choice

RFM analysis analyzes and ranks customers based on ________.

• A)their purchasing patterns
• B)their income status
• C)their residential location.
• D)their age

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Definitions:

Personality Description

The characterization or detailing of an individual's distinctive characteristics or traits.

Skeptical

Skeptical refers to having doubts or reservations about the truth, validity, or reliability of something, typically requiring evidence to dispel such skepticism.

Conscientiousness

A characteristic feature defined by one's ability to organize, their reliability, and a deep commitment to fulfilling obligations.

Extraversion

A character quality marked by the ability to socialize, engage in conversation actively, demonstrate assertiveness, and express emotions vividly.