Clustering Techniques Can Be Used in Segmenting to Help Find

question 34

True/False

Clustering techniques can be used in segmenting to help find similar patterns within sets of data-to identify homogeneous groups of people.

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Definitions:

Operating Efficiency

A measure of how well a company uses its resources to produce goods or services.

Great Distances

Large physical separations between objects or locations, often involving travel or communication across extensive areas.

Cross-Functional Team

A team that operates with members who come from different functional units of an organization.

Horizontal Structure

A form of organizational structure where control and decision-making are spread horizontally across levels, emphasizing collaboration and teamwork.