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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Differentiate between periodic reports and functional reports

Business

The better the credit rating of the borrower, the more the mortgage broker can make on placing the mortgage

Indicate whether the statement is true or false

Business

Walters Co. has provided the following information for last year: Gallons input ???   Labor costs 10,000 @$20/hrOverhead costs$250,000   Gallons finished 16,000 @selling price of $55/gallonTotal factor productivity 1.1733   The total material cost (rounded) is:

A. $200,000. B. $293,325. C. $582,500. D. $300,021.

Business

Rewards should not be tied to quality

a. True b. False Indicate whether the statement is true or false

Business