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Câu 95: CBAP: Certified Business Analysis Professional

An insurance company wants to increase sales by 15% and customer retention by 10% within 1 calendar year. Various strategies to achieve this were considered and a restructure to the existing pricing model is selected to help achieve these goals. A business analyst (BA) works with stakeholders such as actuaries, produc…

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An insurance company wants to increase sales by 15% and customer retention by 10% within 1 calendar year. Various strategies to achieve this were considered and a restructure to the existing pricing model is selected to help achieve these goals. A business analyst (BA) works with stakeholders such as actuaries, product specialists, sales staff, risk managers, and underwriters who agree to applying varying levels of discounts to customers based on:"¢ Total annual premium the customer has with the company (Financial worth)"¢ Time with the insurance company (Loyalty)Various financial models are considered but the stakeholders agree that an initial applicable discount is determined based on the customer's overall premium: The percentage of the maximum possible discount available to the customer is adjusted based on time with the company: If within the first six months, customer retention increased by 5 % and sales increased by 6%, then when will the desired sales and retention goals be achieved assuming the trend continues at the same pace?

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Các lựa chọn

Đáp án được giữ gọn theo nhãn A, B, C, D trong phần bình chọn tương tác.

  1. A. Sales "" 2 years; Retention "" 18 months
  2. B. Sales "" 3 years; Retention "" 1 year
  3. C. Sales "" 2.5 years; Retention "" 2 years
  4. D. Sales "" 18 months; Retention "" 1 year — đáp án hiện tại

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