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Andru [333]
1 year ago
14

The mechanism that filters large amounts of information about many consumers previous purchases that may be realted in some way

in order to predict consumer preferences is known as:________
Business
1 answer:
Alex17521 [72]1 year ago
6 0

Collaborative filtering is the mechanism that filters large amounts of information about many consumers previous purchases that may be realted in some way in order to predict consumer preferences.

Given that the mechanism filters large amounts of information about many consumers previous purchases that may be realted in some way in order to predict consumer preferences.

We are required to fill the blank with appropriate term which makes the sentence meaninful.

The term that can be used in the blank is collaborative filtering.

Collaborative filtering is basically a technique that can filter out items that a user might like on the basis of reactions by similar users.

Hence collaborative filtering is the mechanism that filters large amounts of information about many consumers previous purchases that may be realted in some way in order to predict consumer preferences.

Learn more about collaborative filtering at brainly.com/question/15726157

#SPJ4

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sweet [91]

Answer:

True

Explanation:

It is true that not all diversification erodes performance. That is it is not all diversification moves that reduces performance or destroys it. Sometimes diversification could lead to greater risks or greater costs of investment. By diversifying and acquiring Alico metlife was able to increase and expand globally

5 0
3 years ago
Consider the market demand for peanut butter.Complete the following table by indicating whether an event will cause a movement a
EleoNora [17]

Answer:

A change in the expectations of consumers about prices - a shift of the demand curve for peanut butter

A decrease in the price of peanut butter - a movement along the demand curve for peanut butter

A decrease in the number of consumers - a shift of the demand curve for peanut butter

Explanation:

Only a change in price of a product would lead to a movement along the demand curve for that product.

A decrease in the price of peanut butter would increase the quantity demanded for butter. This would lead to a movement down the demand curve.

A change in the expectations of consumers about prices can shift demand curve either to the left or right.

A decrease in the number of consumers would shift the demand curve to the left.

I hope my answer helps you

8 0
3 years ago
Explain why newspapers advertising is not effective on illiterates​
SCORPION-xisa [38]

Answer:

cause how are illiterate people gonna read the newspaper? therefore: newspapers=not for people who can't read

3 0
3 years ago
Assume the world market for oil is competitive and that the marginal cost of producing​ (extracting and bringing to​ market) ano
xz_007 [3.2K]

Answer:

The economic surplus will decrease by $2.20

Explanation:

$81.40 and $79.20 are <em>marginal </em>cost and benefit, which are the changes to total costs and total benefits due to producing and consuming one additional barrel of oil.

They can be used to calculate <em>change </em>to economic surplus, which is the change to the net economic value received by society, which is given by:

marginal benefit - marginal cost = $79.20 - $81.40 = - $2.20

7 0
3 years ago
course blueWells Fargo, one of the largest banks in the United States, uses a robust CRM system to manage its 70 million individ
Misha Larkins [42]

Answer:

See answer and explanation below.

Explanation:

Generally, customer relationship management (CRM) is a technology that companies employ to manage their relationships and interactions with the existing customers and potential ones.

Other information Wells Fargo’s CRM system can tell the company include:

1. It provides information that can support it marketing strategy and sales.

2. It shows the most profitable customer of the bank and suggests technique to employ in order to improve product offering to these set of customers.

3. It identifies and provides information on different customer segment and improve the customer experience.

4 0
3 years ago
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