Identify and describe the two primary types of data coding processes
What will be an ideal response?
(1 ) Lifetime value—which represents the amount of profit an individual will generate in his/her lifetime with a firm. It is normally calculated for a market segment, but can be calculated for an individual.
(2 ) Customer clusters—can be based on a wide variety of criteria.
Business
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What is the difference between using a direct or an indirect approach to bad news?
A) The use of a buffer statement B) The order of the bad news and explanations C) The level of detail D) The discussion of alternatives E) The close of the message
Business
Why might an investor be skeptical about the loan-to-value ratio for a commercial mortgage loan?
What will be an ideal response?
Business