Nash equilibrium is a set of strategies in which each player's strategy is considered as the best option for that player, based on the chosen strategy of their opponents.
<h3>What is a strategy?</h3>
A strategy refers to a set of guiding principles, actions, behavior, and decisions that a player strategically combines, so as to successfully achieve his or her goals, objectives, and possess a competitive advantage over opponents.
In game theory, it should be noted that Nash equilibrium is a set of strategies in which each player's strategy is considered as the best option for that player, based on the chosen strategy of their opponents.
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Answer:
False
Explanation:
Representative democracy, also known as indirect democracy or representative government, is a type of democracy founded on the principle of elected officials representing a group of people, as opposed to direct democracy. ... In it the power is in the hands of the representatives who are elected by the people.
Networking is the answer.
The statement which states that "behavioral marketing and customer segmentation can help you rectify your mistakes and rebuild trust effectively" is TRUE.
<h3>What is Customer Segmentation?</h3>
Customer segmentation can be defined as the process of classifying customers with common characteristics into groups based on the shared characteristics in other for a company to be able to effectively market or meet the needs of each market segment effectively.
Customer segmentation and behavioral marketing enable the company to understand the needs of a market and thereby build trust.
Therefore, the statement which states that "behavioral marketing and customer segmentation can help you rectify your mistakes and rebuild trust effectively" is TRUE.
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