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You Might Figure How to Better Target Ads or Promotions

question 35

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You might figure how to better target ads or promotions to particular types of customers


Definitions:

Diversification

A strategy of reducing risk by owning a variety of investments or business operations across different industries or categories.

Mechanistic Structures

Describes organizational forms that are highly bureaucratic, with strict rules, procedures, and a clear hierarchy of authority.

Formalization

The process of creating or implementing formal rules, procedures, and structures within an organization to standardize operations and behaviors.

Standardization

The process of implementing and developing technical standards to ensure consistent, quality processes and products.

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