As an Area of Academic Study, Management Is Essentially a Product

question 119

Multiple Choice

As an area of academic study, management is essentially a product of

• A) the sixteenth century.
• B) the British system.
• C) the twentieth century.
• D) trial and errors.
• E) corporate America.

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Definitions:

Customer Relationship Management

A strategy for managing an organization’s relationships and interactions with current and potential customers by using data analysis to study large amounts of information.

Capture

The process of obtaining something of value, often referring to attention, data, or market share in business contexts.

Analyze Consumer Data

The process of examining and interpreting data on customers' behaviors and preferences to make informed business decisions.

Geofencing

A location-based technology that creates a virtual boundary around a geographical area, triggering an action when a device enters or leaves that area.