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Because ________ Collect Precise Information About Preferences and Behavior of Individual

question 192

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Because ________ collect precise information about preferences and behavior of individual buyers, a company becomes more knowledgeable about a customer and better able to anticipate and fulfill that customer's needs.


Definitions:

Arbitration Clauses

Provisions in a contract that require disputes to be resolved through arbitration, instead of through court litigation.

Arbitration

A method of resolving disputes outside the courts, where the parties to a dispute refer it to one or more arbitrators who make a binding decision.

Legal Proceedings

Formal activities carried out by a court, such as trials or hearings, to resolve disputes or enforce laws.

Judicial Review

The power of courts to assess the constitutionality of legislative acts or decisions made by the government or other public bodies.

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