Tabak Catalog Retailer Studies About 3,500 Variables Over the Lifetime

question 134

Multiple Choice

Tabak catalog retailer studies about 3,500 variables over the lifetime of a customer's relationship.Through ________,it has found that customers who change residences are three times more likely than customers who do not move as frequently to buy tables,fax machines,and decorative products but are no more likely to buy jewelry or footwear.

• A)data mining
• B)prospecting
• C)sampling
• D)latitudinal research
• E)customer acquisition

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Definitions:

Unbiased Development

The equitable and impartial progress in economic, social, and environmental aspects without favoritism.

Theories

Systematically organized knowledge applicable in a relatively wide variety of circumstances, especially a system of assumptions, accepted principles, and rules of procedure devised to analyze, predict, or otherwise explain the nature or behavior of a specific set of phenomena.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing to use resources in one way rather than another.

Sacrificed Action

An act of giving up something valued for the sake of something else regarded as more important or worthy.