Companies Are Most Likely to Use Data Mining Results Identifying

question 150

Multiple Choice

Companies are most likely to use data mining results identifying unprofitable customers for ________.

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

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Definitions:

Licensed Practitioner

A professional who has obtained a license to practice in a particular field, ensuring they meet certain standards and qualifications.

Professional Behavior

Conduct or actions consistent with the standards, ethics, and expectations of a professional setting or profession.

Cultural Diversity

The inevitable variety in customs, attitudes, practices, and behavior that exists among groups of people from different ethnic, racial, or national backgrounds who come into contact.

Professional Behavior

Conduct and attitudes deemed appropriate and ethical within a professional setting.