Database Elaboration Is the Addition of Information to Customer or Prospect

question 87

True/False

Database elaboration is the addition of information to customer or prospect records for the purpose of better describing or better determining the responsiveness of those customers or prospects.

Analyze the impact of marketing efforts on sales through various analytical tools.

Understand the process and importance of forecasting in marketing.

Recognize ethical considerations and privacy concerns in gathering and utilizing data.

Comprehend the importance of competitive intelligence in strategic planning.

---

Definitions:

Infographics

Graphical visualizations that aim to simplify complex information into a digestible and visually engaging format.

Animation

The process of creating motion and shape change illusions by means of the rapid display of a sequence of static images that minimally differ from each other.

Gantt Chart

A type of bar chart that illustrates a project schedule, showing the start and finish dates of elements.

Time Line Chart

Chart that shows how much time is needed to complete each task in a project.