All of the Following Are Among the Most Frequent Applications

question 68

Multiple Choice

All of the following are among the most frequent applications of MDS except

• A) identifying products that are viewed as substitutes for one another
• B) identifying the underlying structure of variables
• C) identifying salient product attributes perceived by buyers in a market
• D) exposing the gaps in a market that can support a new product venture

---

Definitions:

Systems Theory

An interdisciplinary study of systems in general, with the aim of elucidating principles that can be applied to all types of systems at all nesting levels in all fields of research.

Neuroscience

The scientific study of the nervous system, aimed at understanding the biological basis of behavior, thought, and emotion.

Eclectic

Deriving ideas, style, or taste from a broad and diverse range of sources, often resulting in a unique and comprehensive approach.

Heuristic Value

The usefulness of a method or technique in facilitating problem-solving, learning, or discovery.