Which of the Following Would Aid a Firm in Adjusting

question 37

Multiple Choice

Which of the following would aid a firm in adjusting its price for certain segments of customers?

• A)big data
• B)loyalty cards
• C)predictive analytics
• D)knowledge of online shopping behaviors
• E)All these answers are correct.

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Definitions:

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually comes to trigger a conditioned response.

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers a response without any prior learning.

Maturation

The process of becoming mature, which involves growth and developmental progress, often independent of external influence.

Mediation

A process where a neutral third party assists in resolving disputes between two or more parties.