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Questions and Answers
What is the goal of this lesson?
What is the goal of this lesson?
- To analyze customer data for personalized marketing
- To gather a large amount of customer data
- To maximize the common good (correct)
- To learn how to evaluate ethical problems
Why should a business aim to satisfy its customers?
Why should a business aim to satisfy its customers?
- To make the business more popular
- To maximize profits
- To gather more customer data
- To benefit society (correct)
What does utility represent in decision-making?
What does utility represent in decision-making?
- Intangible benefits like popularity
- Predictions of what customers will buy
- Only financial benefits
- Measurable benefits and harms from each possible action (correct)
What is one possible output of analyzing customer data mentioned in the text?
What is one possible output of analyzing customer data mentioned in the text?
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Why might businesses want to consider a privacy-based approach when using customer data?
Why might businesses want to consider a privacy-based approach when using customer data?
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