Multiple Choice
In coding data using RFM analysis,a value of "1" for the "F" would indicate:
A) the group of customers who have made the lowest number of purchases within the a specific time period
B) the group of customers who have made the highest number of purchases within the a specific time period
C) the group of customers with the longest amount of elapsed time since the last purchase
D) the group of customers who made the most recent purchases
Correct Answer:

Verified
Correct Answer:
Verified
Q28: The most cost-effective means of communicating with
Q72: Levi-Strauss & Company's database marketing program was
Q74: With a permission marketing program,customer permission is
Q75: A company's marketing team segments customers into
Q78: The higher an individual's income,the less likely
Q79: In determining lifetime value,customer acquisition costs are
Q82: In a RFM analysis,the F stands for
Q95: While it is important for a database
Q134: Direct response marketing or direct marketing is
Q162: Information about current customers, former customers, and