When an Organization Attempts to Offer the Right Products and Services

question 9

Multiple Choice

When an organization attempts to offer the right products and services to customers at the right time through the offer of individual promotions tied to specific events,like birthdays and anniversaries,this is referred to as:​

• A)​Event-based marketing
• B)​Segmented selling
• C)​Personal holiday marketing
• D)​Extreme segmentation marketing

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Definitions:

Ungrouped Data

Data that has not been organized into groups or categories and is presented in raw form.

Introverted

A personality trait characterized by a preference for solitary activities and environments, where energy is derived from internal rather than external sources.

Extroverted

A personality trait characterized by sociability, talkativeness, assertiveness, and high levels of emotional expressiveness.

Tchebysheff's Theorem

A statistical theorem stating that for any distribution, a minimum proportion of observations lies within any given number of standard deviations from the mean.