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Deviations That Exceed the Acceptable Range of Variation Become Significant

question 103

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Deviations that exceed the acceptable range of variation become significant and need a manager's attention.


Definitions:

Conversational Marketing

A strategy that utilizes chatbots, messaging apps, and other digital tools to engage customers in a dialogue, improving customer experience and boosting sales.

Social Computing

A type of information technology that combines social behavior and information systems to create value.

Feedback

Information provided about the result of a certain process or activity, used as a basis for improvement or correction.

Social Marketplace

An online platform that combines e-commerce with social media features, allowing users to buy, sell, and interact.

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