Terminology

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Glossaries

Term Definition
Performance Metrics

Key indicators used to measure and evaluate a business’s financial, operational, and customer-related performance.

Process Automation

The use of technology to automate repetitive tasks in business, such as invoicing, customer follow-ups, and data entry.

Process Optimization

The practice of improving business workflows and systems to increase efficiency and reduce waste.

Psychographic Profiling

The study of consumers based on their activities, interests, and opinions (AIOs). It goes beyond demographics to look at the psychological aspects influencing consumer behavior.