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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
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