Marketing
What does the acronym "SWOT" stand for in marketing?
What is Strengths, Weaknesses, Opportunities, and Threats?
What does the acronym "KPI" stand for in data analytics?
What is Key Performance Indicator?
What does the acronym "MIS" stand for?
What is Management Information Systems?
This is the appropriate way to greet someone in a professional setting.
What is a firm handshake and eye contact?
This term describes the practice of selling products directly to consumers through online platforms.
What is direct-to-consumer (DTC) sales?
This marketing strategy focuses on creating content that attracts potential customers without explicitly promoting the brand.
What is inbound marketing?
This type of chart is used to show the distribution of a dataset by grouping data into ranges.
What is a bar chart?
This type of system helps organizations manage day-to-day operations by tracking transactions and processing data.
What is a transaction processing system (TPS)?
In a business email, this is the recommended length for your subject line to ensure clarity and impact.
What is 6-10 words?
This shopping trend involves using augmented reality (AR) to allow customers to visualize products in their environment before purchasing.
What is virtual try-on?
What is the term for a group of consumers with shared characteristics that a company targets with specific products or services?
What is a target market?
What is the process of cleaning data to remove errors, duplicates, or missing values called?
What is data cleaning?
This software is used to create reports and dashboards that summarize and analyze business data.
What is business intelligence (BI) software?
When dining with colleagues, this is the proper way to place your napkin once seated.
What is on your lap?
This payment method has gained popularity in e-commerce for its speed and convenience, allowing users to pay with just a fingerprint or facial recognition.
What is mobile payment?
This type of marketing involves promoting products or services through endorsements from celebrities or other public figures.
What is influencer marketing?
This term refers to the practice of using historical data to predict future outcomes or trends.
What is predictive analytics?
This term describes the integration of data from various sources to provide a comprehensive view for decision-making.
What is data warehousing?
This term refers to the practice of arriving at meetings or events on time or slightly early.
What is punctuality?
This trend emphasizes personalized shopping experiences by using data analytics to recommend products based on previous customer behavior.
What is personalization in e-commerce?
This pricing strategy involves setting a high price for a new product to maximize profit from early adopters before gradually lowering the price over time.
What is price skimming?
In data analytics, what is the term for breaking down large datasets into smaller, more manageable chunks?
What is data sampling?
What is the term for software that helps in managing an organization's resources such as inventory, payroll, and accounting?
What is Enterprise Resource Planning (ERP)?
In a professional setting, this type of communication is generally considered inappropriate and should be avoided.
What is gossip?
his term refers to the integration of multiple sales channels, including online, offline, and mobile, to create a seamless customer experience.
What is omnichannel retailing?