Allstate Has More Than 1,500 Price-Levels That Are Determined by a Complex

question 30

Multiple Choice

Allstate has more than 1,500 price-levels that are determined by a complex algorithms that analyzes 16 credit report variables,including late payments and card balances.Allstate is using a _____ to set prices.

• A) yield management system
• B) capacity correlation system
• C) service forecasting tools
• D) service management system
• E) capacity maintenance tool

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Definitions:

Secularization

Secularization refers to the process by which religious institutions, practices, and beliefs lose their social significance, often paralleling modernization and societal development.

Public Sphere

A concept in sociology and political theory referring to the domain of social life where individuals can come together to freely discuss and identify societal problems.

Modern Household

refers to contemporary family or living arrangements, which may vary widely in structure, size, and roles, reflecting current social and economic trends.

Secular Time

A concept referring to worldly or non-religious time, often contrasted with sacred or religious time.