The Frequency of Customer Purchases Is Not a Determining Factor

question 12

True/False

The frequency of customer purchases is not a determining factor for RFM scores.

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Definitions:

Usury Laws

Regulations governing the maximum interest rate that can be charged on loans, intended to protect borrowers from excessively high rates.

Rent Control

Government-imposed restrictions on the maximum rent that landlords can charge tenants, usually with the aim of making housing more affordable.

Price Ceiling

A price ceiling is a government-imposed limit on how high a price can be charged for a product or service, intended to protect consumers from excessive costs.

Price Ceiling

A legally established maximum price that can be charged for a product or service, often set by government to prevent prices from reaching excessively high levels.