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Each year,more shopping is completed online by consumers who are hoping to get a better deal.However,many companies' websites actively collect data about consumers' shopping habits and send this information,known as "cookies," back to the website owner.How might this information be used to the company's advantage?
Measuring Actual Performance
The process of evaluating the real outcomes of activities or processes against expected or planned outcomes.
Management by Exception
A management style in which the manager intervenes only when performance deviates significantly from standards, allowing for more autonomous operation of processes.
Managerial Attention
The focus and prioritization that managers give to certain issues, tasks, or information, which can significantly impact decision-making and leadership.
Actual
Pertaining to or representing the current state of affairs or reality, as opposed to potential or theoretical scenarios.
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