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Electronic Retailers Can Collect Transaction Data for Their Data Warehouse,but

question 18

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Electronic retailers can collect transaction data for their data warehouse,but they can also collect information by placing cookies on a visitor's hard drive.What is a cookie?


Definitions:

Market Penetration

A measure and strategy of the amount by which a product or service is recognized and bought by customers in a particular market.

Product Development

The process of creating, designing, and introducing new products or improving existing ones to meet consumer needs and market demands.

Market Development

A growth strategy that identifies and develops new market segments for current products, including geographic expansion or targeting new segments.

Diversification

A strategy in business and investment to spread risks and opportunities across different markets, products, or investments.

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