_____ Generate New Ideas by Making Nonlinear or Unusual Connections

question 1

Multiple Choice

_____ generate new ideas by making nonlinear or unusual connections or by changing or reshaping goals to imagine new possibilities.

• A)Decision makers
• B)Problem solvers
• C)Creative thinkers
• D)Mental visualizers

Grasp the concept of data mining and its significance in discovering patterns in large data sets.

Understand the impact of artificial intelligence platforms on marketing data analysis and decision-making.

Distinguish between primary and secondary data and their relevance in marketing research.

Recognize the importance of sensitivity analysis in marketing decision-making.

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Definitions:

Economic Growth

An increase in the production of goods and services in an economy over a period, indicating improving national prosperity.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two goods, given a set of inputs resources and technology.

Economic Decline

A period where an economy experiences reduced economic activity, often marked by decreases in GDP, employment, and consumer spending.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two or more goods given a set of inputs (resources), assuming all inputs are used efficiently.