Which of the Following Technologies Is(are) Used by Analytic CRM

question 4

Multiple Choice

Which of the following technologies is(are) used by analytic CRM systems?

• A) Data warehouses and data mining
• B) Decision support systems
• C) Transaction processing systems
• D) All of these

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Definitions:

Beef Demanded

The quantity of beef consumers are willing and able to purchase at a given price within a specified time period.

Price Increase

A rise in the cost of goods or services, affecting consumption patterns and inflation rates.

Elasticity

A measure of the responsiveness of quantity demanded or supplied to a change in one of its determinants, such as price or income.

Consumer Expenditure

The total amount spent by consumers on goods and services within a specific period.