Because __________ Collect Precise Information About Preferences and Behavior of Individual

question 42

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) RSS feeds
• D) cookies
• E) collaborative filters

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Definitions:

Real GDP

The measure of a country's economic output adjusted for price changes, providing a more accurate view of economic growth over time.

Environmental Costs

Expenses associated with the damage to the environment caused by a company's operations, including cleanup costs, fines, and the costs to comply with environmental regulations.

Qualitative Improvements

Enhancements to the characteristics, features, or performance of a product or service that increase its value to consumers.

National Product

The total value of all goods and services produced by a country's economy, including both domestic and foreign production.