If a Business Wanted to Gather Up-To-The-Minute Data on Its

question 156

Multiple Choice

If a business wanted to gather up-to-the-minute data on its customers, one way to do that would be

• A) database management.
• B) data mining.
• C) social media.
• D) physical-world observations.

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Definitions:

Third Party

An entity not directly involved in a transaction or agreement but may be affected by it or have an interest in its outcome.

Business Transactions

Financial activities or agreements carried out between parties, often involving the exchange of goods, services, money, or property.

Principal

In a contractual relationship, the principal is the party who authorizes an agent to act on their behalf.

Certified Mail

A postal service that provides the sender with a mailing receipt and electronic verification that an item was delivered or that a delivery attempt was made.