Multiple Choice
Which of the following techniques used to analyze marketing databases considers whether a customer has made a purchase recently as well as how often that customer makes a purchase?
A) Recency-frequency-monetary analysis (RFM)
B) Predictive modeling
C) Customer valuation
D) Data mining
E) Lifetime value analysis
Correct Answer:

Verified
Correct Answer:
Verified
Q65: In a CRM system,_ are all areas
Q66: Blood Services<br>As flextime,consulting,telecommuting,and downsizing make it more
Q67: _ refers to the latitude organizations bestow
Q68: Using technology provided by Smart Button software,the
Q69: Describe the actions of a company that
Q71: Que Rica Vida<br>General Mills has created Que
Q72: Consumers are reluctant to enter information through
Q73: Following the customer-centric approach,an interaction can occur
Q74: Janie contacts calls Lands' End to ask
Q75: For a CRM system to be effective,customer