What Are Web Transaction Logs, and How Do They Work

question 52

Essay

What are Web transaction logs, and how do they work in combination with registration forms, shopping cart databases, and tracking files to help firms understand how customers behave online?

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Definitions:

Planning Phase

The initial stage in the project management or strategic planning process where goals are set and strategies are outlined.

Competitive Advantage

The unique attributes or capabilities that allow an organization to outperform its competitors, often leading to market dominance.

Business Performance

An evaluation of a company's operations and financial results, which indicates how well it achieves its objectives and competes in the market.

Management Tools

Various systems, software, practices, and methodologies that help in planning, executing, monitoring, and analyzing an organization's operations.