Which of the Following Statements Best Describes Customer Data

question 73

Multiple Choice

Which of the following statements best describes customer data?

• A)Customer data should be accumulated over the customer's entire life span with the organization.
• B)Once customer data are gathered,the information is owned by the organization,which can use this information any way it seems fit.
• C)Customer data are unaffected by the internal process of empowerment.
• D)Customer data from point-of-sale touch points are not needed if information is centralized.

Demonstrate knowledge of key environmental concerns including genetic pollution, degradation, biodiversity, and acid rain.

Understand the diverse impacts and intentions of foreign aid in developing countries.

Grasp the fundamental role of education in promoting advanced farming techniques and technology adoption.

Recognize the pros and cons of economic strategies like privatization, export promotion, and import substitution for developing economies.

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Definitions:

Total Revenue

The total amount of money a company receives from selling its goods or services, before any expenses are deducted.

Price Reduced

A decrease in the selling price of a product or service.

Patents and Licenses

Legal mechanisms that grant inventors exclusive rights to their inventions, and permissions required to engage in certain activities or businesses.

Barrier to Entry

Economic, procedural, regulatory, or technological conditions that obstruct or restrict new competitors from easily entering an industry or area of business.