For the Following Questions, Indicate Which Are Vague and Which

question 14

Multiple Choice

For the following questions, indicate which are vague and which are concrete. Could you give me a specific example of what Sam does?

• A) vague
• B) concrete

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Definitions:

Costs Of Doing Business

The expenses involved in the day-to-day operations of a company, including rent, utilities, payroll, and materials.

Profitable Customers

Customers who generate a net profit for a company over time, through their purchases and engagement with the business.

Customer Relationship Management

A strategy for managing a company's interactions with current and potential customers, using data analysis about customers' history with the company to improve business relationships, particularly focusing on customer retention and ultimately driving sales growth.

Analyze Information

The process of examining data or information in order to draw conclusions, make predictions, or inform decisions.