Economics · Marketing Information System
The Marketing Decision Support System (MDSS) component primarily relies on the effective usage of computers in a Marketing Information System (MKIS) to perform which key function?
- 1Automating the preparation of physical marketing materials and brochures.
- 2Implementing complex statistical and decision models to analyze data and explore 'what-if' scenarios.✓
- 3Handling the day-to-day processing of customer transactions and account ledger maintenance.
- 4Recording and cataloging competitor advertising and promotional expenditure reports.
Correct answer
Implementing complex statistical and decision models to analyze data and explore 'what-if' scenarios.
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