How Can a Customer Database Be Used to Identify a Company's

question 52

Essay

How can a customer database be used to identify a company's best customers?

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Definitions:

Meaningfulness

The quality of having significance, purpose, or value, giving a sense of fulfillment or importance.

Power

The capacity or ability to direct or influence the behavior of others or the course of events.

Team Empowerment

Team empowerment refers to the process or state in which team members are given authority, resources, and capability to make decisions and execute tasks independently, enhancing their effectiveness and motivation.

Potency

The degree to which a group or organization believes in its collective efficacy and ability to be effective in achieving its goals.