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Briefly Describe the Use of Informal and Social Support Systems

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Essay

Briefly describe the use of Informal and Social support systems.How and when is it appropriate to use these systems.


Definitions:

Marketing Data

Information collected from various sources that highlights trends, patterns, and other insights crucial for making marketing decisions.

Data Storehouse

A central repository for storing and managing large amounts of data from various sources, optimized for analysis and reporting.

Data Repository

A data repository is a central location in which data is stored and managed, typically used to aggregate, organize, and make data accessible for analysis and reporting.

Sensitivity Analysis

A method used to determine how different values of an independent variable affect a particular dependent variable under a given set of assumptions.

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