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Data Enhancement Is the Addition of Information to Customer or Prospect

question 56

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Data enhancement is the addition of information to customer or prospect records for the purpose of better describing or better determining the responsiveness of those customers or prospects.


Definitions:

Taxable Gain

The portion of profit or income derived from selling an asset that is subject to taxation.

Sole Shareholder

An individual who owns 100% of the shares of a corporation, making them the exclusive owner.

Stock Exchange

A marketplace where securities, such as stocks and bonds, are bought and sold.

Liability

The state of being legally responsible for something, especially in terms of owing money or other obligations.

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