A _____ System Is Often Used to Search for Patterns

question 32

Multiple Choice

A _____ system is often used to search for patterns or relationships in the data.

• A) routine decision making
• B) strategic decision making
• C) transaction processing
• D) decision support
• E) None of the above.

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Definitions:

Agents and Brokers

Intermediaries who facilitate the buying and selling of goods or services for a commission.

Marketing Research

Collecting and evaluating information to support marketing decision making.

Market Segmentation

Process of dividing a total market into several relatively homogeneous groups.

Consumer Behavior

Actions of ultimate consumers directly involved in obtaining, consuming, and disposing of products and the decision processes that precede and follow these actions.