_____________ Occurs When a Company Knows Enough About a Customer's

question 308

Short Answer

_____________ occurs when a company knows enough about a customer's likes and dislikes that it can fashion offers more likely to appeal to that person,say by tailoring its website to individuals or groups based on profile information,demographics,or prior transactions.

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Definitions:

Receives A Gift

involves obtaining something as a gift, where the recipient does not pay or provide anything in exchange.

Notifying The Principal

The act of informing the principal party or stakeholder about significant or relevant information, especially in legal, educational, or contractual contexts.

Insolvent Customer

A customer who cannot meet their financial obligations or pay for goods or services due to lack of financial resources.

Duty To Communicate

An obligation to provide relevant information in a timely and clear manner, especially in agreements or relationships requiring trust.