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Cause-and-effect Relationships
A relationship in which one event (the cause) makes another event happen (the effect), often used in problem-solving and decision-making to identify the root causes of issues.
Associative Models
Predictive models that establish relationships between variables, often used in forecasting and decision-making.
Promotional Expenditures
The amount of money a company spends on marketing and advertising activities to increase brand awareness, product visibility, and sales.
Product Demand
The quantity of a product that consumers are willing and able to purchase at various price levels.
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