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Explain Why Data Mining Is an Important Activity for Marketers

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Explain why data mining is an important activity for marketers.


Definitions:

Leniency Error

A type of bias in performance appraisals where the evaluator tends to rate employees more favorably than their performance justifies.

Similar-To-Self Bias

The tendency of individuals to favor and be more positively inclined towards others who they perceive as similar to themselves.

Providing Feedback

The process of offering constructive criticism or praise to individuals or groups to improve and guide performance and behaviors.

Engagement

The level of commitment, enthusiasm, and interest an employee shows towards their job and company.

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