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The Main Purpose of Data Mining Is to Provide Decision

question 2

True/False

The main purpose of data mining is to provide decision support to managers and business professionals through a process referred to as information mining.


Definitions:

State the Mission

The act of clearly expressing a company's purpose and core objectives, guiding its strategies, operations, and decision-making processes.

Target Audience

A specific group of consumers identified as the intended recipient of a product, service, or marketing message.

Promotional Programs

Planned campaigns to increase product awareness, sales, and brand loyalty through various marketing strategies.

Prospective Buyers

Individuals or entities that are considered potential customers for a product or service, often targeted in marketing efforts.

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