A Process in Which Computer Software That Uses Statistical Analysis

question 3

Multiple Choice

A process in which computer software that uses statistical analysis, database technology, and artificial intelligence finds hidden patterns, trends, and connections in data so that business owners can make better marketing decisions and predictions about customers' behavior is know as:

• A) guerilla marketing.
• B) data mining.
• C) individualized marketing.
• D) total quality management.

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Definitions:

Values

Values represent the core principles or standards of behavior considered important in life, guiding decisions, actions, and the understanding of what is worthwhile.

Practices

Practices encompass the habitual actions, methods, or procedures employed in particular fields or activities, aimed at achieving proficiency, efficiency, or standardization.

Top-level Leaders

Individuals occupying the highest positions in an organization, responsible for strategic planning, decision-making, and guiding the organization towards its goals.

Entire Organization

Refers to all aspects and components of a business or institution, encompassing its structure, culture, employees, and operations.