Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Cluster analysis has been used in marketing for all of the purposes below except ________. A) identifying new product opportunities by clustering brands and products

Cluster analysis has been used in marketing for all of the purposes below except ________.

A) identifying new product opportunities by clustering brands and products so that competitive sets within the market can be determined

B) selecting test markets

C) determining how strongly sales are related to advertising expenditures D) segmenting the market based on benefits sought from the purchase of a product

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Spatio Temporal Database Management International Workshop Stdbm 99 Edinburgh Scotland September 10 11 1999 Proceedings Lncs 1678

Authors: Michael H. Bohlen ,Christian S. Jensen ,Michel O. Scholl

1999th Edition

3540664017, 978-3540664017

More Books

Students also viewed these Databases questions

Question

2. (1 point) Given AABC, tan A b b

Answered: 1 week ago