What is data warehousing?

A) A marketing strategy that creates sales agreements that stipulate product delivery
B) The process of dividing a market into categories of customer types
C) The study of consumer needs and wants and the way in which sellers can best meet them
D) The process of collecting, storing, and retrieving data in electronic files
E) A customer identification strategy that targets potential buyers

Answer: D
Explanation: D) The compiling and storage of data provides the raw materials from which marketers can extract information that could enable them to better know their customers and supply more of what they need or want.

Business

You might also like to view...

Lifestyle businesses are small only because they are new and have ambitious plans to grow

Indicate whether the statement is true or false.

Business

In a BPMN diagram, the (+) sign indicates a more detailed diagram

Indicate whether this statement is true or false.

Business