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Define Cross-Selling and Why Is It Such Powerful Technique

question 97

Essay

Define cross-selling and why is it such powerful technique.


Definitions:

Cooperative Games

A branch of game theory where players can negotiate and form coalitions to maximize their benefits.

Noncooperative Games

Games in game theory where players make decisions independently, without cooperation or communication with each other.

Constant Sum Game

A situation in game theory where the total benefit to all players in the game remains constant, regardless of the distribution of gains among players.

Negotiating

The process of discussing something with someone in order to reach an agreement.

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