The use of statistical techniques and algorithms based on patterns of past behavior to predict future buying behavior is called
A. predictive modeling.
B. machine learning.
C. ethnographic research.
D. competitive intelligence.
E. demand analysis.
Answer: A
You might also like to view...
Basic Solutions Company reported net earnings of $60,000, declared and paid cash dividends on its common stock in the amount of $40,000 during the year, and sold 3,000 shares of $2 par value common stock for $15 per share during the year. What effects would these transactions have on the stockholders' equity accounts shown below? Retained Earnings Common Stock
a. increase increase b. increase decrease c. decrease increase d. decrease decrease
The following contribute to information overload:
a. e-mail forwards. b. spam. c. phishing. d. all of the above
Explain the source of passive behavior.
What will be an ideal response?
Cooperative buying is generally used by _____
a. inside buying organizations b. outside buying organizations c. small, independent retailers d. formal buying organizations