What Is a Great Example of Using Cluster Analysis in Business

question 175

Multiple Choice

What is a great example of using cluster analysis in business to create target-marketing strategies?

• A)Google search
• B)First name information
• C)Zip code segmentation
• D)Last name associations

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Definitions:

Obtaining Parking

The process of securing a place for vehicles to be parked, often relevant in business settings where customer access requires convenient parking solutions.

Process Layout

An arrangement of resources in production or service areas based on the sequence of operations or tasks, aiming to maintain smooth workflow and efficiency.

Aircraft

A vehicle designed for air travel, equipped with wings and engines, that can carry people or cargo through the atmosphere.

Shipbuilders

Individuals or companies engaged in the construction of ships and other floating vessels.