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An Organization That Focuses Its Efforts on (1)continuously Collecting Information

question 160

Multiple Choice

An organization that focuses its efforts on (1) continuously collecting information about customers' needs; (2) sharing this information across departments;and (3) using it to create customer value is said to have a


Definitions:

Laptops

Portable computers equipped with a keyboard and a screen, designed for mobile use.

Technology Improvements

Enhancements and advancements in technology that increase productivity, efficiency, or utility in various sectors.

Curve Shifts

Movements or adjustments in the position of a graphed line, such as those in supply and demand curves in economics, indicating a change in underlying factors affecting these curves.

Surplus

A situation where the quantity of a good or service supplied exceeds the quantity demanded at a given price, often leading to price reductions.

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