An organization can find its most valuable customers by using a formula that industry insiders call Recency, ______________ and Monetary Value.
Fill in the blank(s) with the appropriate word(s).
Frequency
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Product-markets with low indexes for both market attractiveness and competitive position have the strongest portfolio position and the best opportunities for profit performance
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. Because of radical changes to modern business practice, theoretical perspectives of management provide a historical context but unfortunately do not enhance understanding of the present. 2. Studying theoretical perspectives of management can be a source of new ideas. 3. Shanice recently took a management job in the book publishing industry, which is undergoing dramatic change. She should study theoretical perspectives of management to help her predict some of the probable outcomes of this change and help her decide on potential strategy going forward. 4. Telecommunication company Cisco Systems abandoned its "management councils" experiment, which had replaced a traditional hierarchical structure, because the councils slowed decision making.
Which of the following ratios does NOT measure efficiency or activity of an entity?
a. Accounts receivable turnover b. Age of accounts receivable c. Net cash flow to current liabilities d. Times interest earned
Answer the following statements true (T) or false (F)
Events are economic occurrences that require accounting entries.