Explain the four common steps involved in identifying customers in any industry. Answer the question with relevant examples using not more than 20 lines.

Q: products or services in which segmentation criteria are not necessary

A: Market segmentation is a crucial strategy for businesses aiming to tailor their marketing efforts…

Q: key metric in doing the business of selling cookies and brownies

A: Key metrics also known as the key performance indicators are the set of variables or parameters that…

Q: Using examples to support your answer, explain why domain knowledge is important in the requirements…

A: Domain knowledge is knowledge of a specific, specialized discipline or field.

Q: distinguish product,service and, experience?   2. In what way services generally considered one…

A: The difference between products, services, and experience are as follows: Products help in…

Q: Suggest THREE (3) important elements in designing and implementing effective CRM program. Give…

A:

Q: Define Problem Solving & list the theories involved in problem  solving (Understanding)

A: Problem solving is an act of defining a problem, thinking of new ideas to solve the problem,…

Q: arious criteria for selecting the Arima model (include advantages/disadvantages) And write the…

A: Talking about the ARIMA then, ARIMA stands for Autoregressive moving average.ARIMA is a tool that is…

Q: What are the advantages and disadvantages of Frito-Lay driv-ers stocking their customers’ shelves?

A: The advantage is that they have knowledge about the company's current policies and display products…

Q: Which of the following is a disadvantage of employing a multiple products, multiple market segments…

A: The segmentation strategy of targeting certain exclusive is a contributing factor of marketing…