Which BI analytic application provides the following business value: Prevent loss of high-value customers and let go of lower-value customers?
A) customer segmentation
B) fraud detection
C) customer attrition
D) channel optimization

Question

Quizplus · Accepted Answer

Customer attrition analysis provides insights into which customers are at risk of leaving and helps companies prevent that loss by taking appropriate actions such as offering special deals or personalized treatment. It also helps companies identify lower-value customers who may not be worth the cost of retaining and can be let go to focus resources on higher-value customers.

Which BI Analytic Application Provides the Following Business Value: Prevent