Because ________ Collect Precise Information About Preferences and Behavior of Individual

question 192

Multiple Choice

Because ________ collect precise information about preferences and behavior of individual buyers, a company becomes more knowledgeable about a customer and better able to anticipate and fulfill that customer's needs.

• A) wikis
• B) choiceboards
• C) social media
• D) cookies
• E) collaborative filters

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Definitions:

Government Spending

Expenditures by government agencies on goods and services that influence the economy.

Supply-Side Economics

An economic theory that suggests economic growth can be most effectively created by lowering taxes and decreasing regulation, to increase production.

Increasing Productive Capacity

The process or actions taken to enhance the capability of a company or economy to produce goods and services.

Monetary Policy

The process by which a central bank controls the money supply in the economy, usually with the goal of controlling inflation, interest rates, and stimulating economic growth.