Which of the Following Is NOT One of the Four

question 42

Multiple Choice

Which of the following is NOT one of the four main applications of data mining for marketers?

• A) customer retention
• B) customer acquisition
• C) customer abandonment
• D) competitive intelligence
• E) market basket analysis

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Definitions:

Technological Uncertainty

The uncertainty faced by a project relating to the feasibility, stability, or reliability of the technology being implemented or developed.

System Scope

The extent, range, or breadth of areas that a system will cover or operate within, often defining its limitations and capabilities.

Ecology

The branch of biology that deals with the relations of organisms to one another and to their physical surroundings.

Project Profiling

The process of categorizing and understanding the various aspects and dimensions of a project, often to manage risks and align with strategic goals effectively.