What are the reasons for collecting data from customers? How will we protect that data? What are our responsibilities regarding what we collect, and when does that responsibility become ours?

Q: What is Marketing Research and why is it important to the business process?

A: What is Marketing Research Market research is the finding and analyzing of information related to…

Q: What is Business Analytics?

A: Business analytics uses the tools of statistics, artificial intelligence and data mining to identify…

Q: Describe the process of data warehousing and its significance in business intelligence and…

A: In today's data-driven world, businesses generate vast amounts of the data from various sources, as…

Q: Is there enough protection for consumers and their personal information?

A: Consumer Protection can be explained as the business activity of protecting or safeguarding the…

Q: Why might the management of customer information become even more important in the future?

A: About Customers -Understanding as well as meeting the levels of relevant kinds of requirements,…

Q: How does CRM contribute to improving customer retention and loyalty, and what strategies can…

A: Customer relationship management (CRM) is an important software system that supports the…

Q: Define data warehousing and explain its role in managing and analyzing large volumes of data.

A: Data warehousing is like a centralized hub for storing and managing large amounts of data in a…

Q: What is a marketing information systems and what should it provide?

A: The marketing function should receive the highest priority because it is essential to the company's…

Q: What are marketing analytics and how are they used?

A: Introduction Marketing analytics is the analysis of data collected via marketing efforts in order to…