Diagnostic analysis investigates the root causes of observed trends or anomalies. In this case, it can identify why returns spiked by analyzing factors like product quality, customer feedback, or shipping delays. Understanding the cause helps mitigate future occurrences. Option A : Descriptive analysis summarizes data but doesn’t identify causes. Option C : Prescriptive analysis provides recommendations but requires prior diagnostic insights. Option D : Predictive analysis forecasts trends without focusing on root causes. Option E : Sentiment analysis evaluates opinions and is less relevant to identifying causes of returns.
Which of the following statements accurately describes the global perspective on world trade?
Consumers undertake ___________ buying behaviour when they are highly involved in a purchase and perceive significant differences among brands.
A different market segment usually requires a different marketing action that in turn means greater costs. If increased revenues do not offset extra cos...
The competitive industry where Ford, GM, and Toyota operate in can best be described as:
For marketers, the primary objective of coupons is to:
A women's clothing store having only one outlet likely falls under what form of ownership?
The primary function of the General Agreement on Tariffs and Trade (GATT) has been to limit trade barriers and promote world trade through the:
Which of the following statements is true about Facebook?
The distinct set of personality characteristics common among people of a particular country or society is known as
The objectives of a customer relationship management strategy must consider a company’s specific situation and its:
