Ask Question
BusinessBusiness
23 February, 16:10

Which of the following refers to the collection, deployment, and interpretation of information that allows a business to acquire, develop, and retain its customers? A. Market intelligence system B. Neuromarketing C. Reverse-engineering D. Database E. Customer insights

+3
Answers (1)
  1. 23 February, 18:02
    0
    A

    Explanation:

    Market Intelligence System is a business analytics tool. What it does is that it analyses business data obtained from various sources - Customers, Competitors, supply chain, stores etc.

    The data obtained is used to make necessary inferences all with an intent to retain, develop or acquire its customers.

    A customer insight, or consumer insight on the other hand is an interpretation of trends in human behaviors which aims to increase the effectiveness of a product or service for the consumer, as well as increase sales for the financial benefit of those provisioning the product or service

    Database is completely out of it as it is just a structured set of data held in a computer, especially one that is accessible in various ways.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following refers to the collection, deployment, and interpretation of information that allows a business to acquire, develop, ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
These are the most common type of mortgage-backed securities established by the tax reform act of 1986.
Answers (1)
What is a word to describe money used to buy stocks that may provide substantial future profits
Answers (1)
John, age 25, is a full-time student at a state university. John lives with his unmarried sister, Ann, who provides over half of his support. His only income is $4,200 of wages from a part-time job at the college book store.
Answers (1)
A company requires 220 pounds of plastic to meet the production needs of a product. It currently ventory for the beginning inventory. The desired ending inventory of 25 pounds of plastic in plasie is 70 pounds.
Answers (1)
Which statement does not accurately describe a characteristic of cash value for whole life insurance?
Answers (1)
New Questions in Business
In 1990, Roche, a Swiss pharmaceutical company, initially invested $2.1 billion to purchase a controlling interest in the biotech startup Genentech.
Answers (1)
Five years ago, Weed Go Inc. earned $1.50 per share. Its earnings this year were $3.20. What was the growth rate in earnings per share (EPS) over the 5-year period? Group of answer choices a. 18.94% b. 18.04% c. 16.36% d. 17.18% e. 15.54%
Answers (1)
The starting salaries of individuals with an MBA degree are normally distributed with a mean of $40,000 and a standard deviation of $5,000. Refer to Exhibit 6-4.
Answers (1)
E. If the market price of wheat instead falls to $20.00 per bushel, how much wheat will Ali choose to produce per month in order to maximize his profits in the short run?
Answers (1)
Constantine purchased 100 shares of IBM stock several years ago for $150 per share. The price of these shares has fallen to $55 per share. Constantine's investment strategy is "buy low, sell high.
Answers (2)
Home » Business » Which of the following refers to the collection, deployment, and interpretation of information that allows a business to acquire, develop, and retain its customers? A. Market intelligence system B. Neuromarketing C. Reverse-engineering D. Database E.
Sign Up Forgot Password?