QUESITON 13 Customer relationship management system enable organisations to A.be more focused on product development B.be more productive C.provide more personalised service D.become demand driven rather than supplier driven Question 14 When considering decision making under uncertainty - MAXIMAX is viewed as A.having the least possible loss B.None of the answers presented C.the alternative that maximizes the minimum outcome for every alternative D.the alternative with the highest average outcome

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Q: he tangible and in he benefits that th Cash flows general ik for reviewIONENARO

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A: Option D) Sensitivity analysis

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A: THE ANSWER IS AS BELOW:

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Q: Which type of decision making is exemplified by the use of a decision tree with an expected-value…

A: A decision tree is a tree-like model that goes about as a decision support device, outwardly showing…

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A: (d) is the correct answer  Understanding the factors that affect demand is essential for businesses…

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Q: Hayek admits that the system he envisions is not perfect, but at least:

A: ANSWER : Option : a)prices always respond in the right direction

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A: Sales mix is a calculation about the proportion of sale of individual products/service to the total…

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A: Below excel screenshot show the approach for solving this problem using linear programming.

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A: Given-

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Q: Consider Bruno who manages an underwriting team in an insurance firm. Recently, the management of…

A: Case in brief: Bruno is the manager of an insurance firm's underwriting team. Bruno's firm's…

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Market Research Methodology

Market research refers to employing strategies, collecting data, and studying the target audience of a product by an organization. Businesses analyze customer data to figure out consumer trends, improve product design, improve user experience, develop customer-centric marketing campaigns, generate high-quality leads, and boost conversion rates. Phone surveys, test marketing strategies, and focus groups can be used for marketing research.