What is meant by customer profiling and how is this information used by a company for competitive advantage?

Answers

Answer 1

Customer profiling involves collecting and analyzing customer data to understand their characteristics and preferences. Companies leverage this information to gain a competitive advantage by tailoring marketing strategies, personalizing experiences, and developing targeted products or services that better meet customer needs.

Customer profiling refers to the process of identifying potential customers for a business. A customer profile, on the other hand, is a detailed description of an ideal customer based on data gathered from multiple sources. This information is used by companies to target their marketing efforts more effectively and gain a competitive advantage. Customer profiling is beneficial to a company because it helps them understand who their customers are and what they want. As a result, the company can develop targeted marketing campaigns that are more likely to attract these customers, rather than relying on generic advertising messages that may not resonate with them.

The company can also use this information to tailor its products and services to better meet the needs of its customers. For example, if a company has identified that its customers value environmental sustainability, it can develop products and services that are more environmentally friendly to gain a competitive advantage.In conclusion, customer profiling is a critical component of any successful marketing strategy. By understanding who its customers are and what they want, a company can develop targeted marketing campaigns, tailor its products and services, and gain a competitive advantage in the marketplace.

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Related Questions

Help me and I will give you 30 Brainliest if your answer is correct.
"Jamie is not sure exactly what career to pursue but when she learned about the Human Services cluster, something spoke to her. Which types of career pathways are available to Jamie? Pick a career from each path and explain what it involves and where she might work if she had that job."

Answers

One of the careers from the Human Services Cluster that Jamie can consider looking at is Career Counselling.

What are Human Services Clusters?

Human needs are met via activities such as counseling and mental health programs, family and neighborhood services, personal care, and consumer services in the Human Services profession cluster.

Given that Jamie herself struggled with making this choice, she should find a purpose in Career Counselling. The career pathway to becoming a career counselor is given as follows:

Earn a bachelor's degree in counseling or a related subject of behavioral, social science, or human services.Complete graduation and postgraduate internship requirements for certification/licensure.Pass any certification/licensure examinations that are necessary.Apply for and obtain new certificates.Continue your education and keep current on trends and developments in career counseling.

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A milestone occurring in which of these increments of time will be the farthest to the left on a timeline? 4 months 5 days 3 weeks 2 years

Answers

Answer:

A milestone occurring in 3 years of increments of time will be the farthest to the right on a timeline.

Explanation:

Here in the given options the increments of time are given.

Here, 3 years > 8 months > 12 weeks > 60 days.

Because, 3 years ≡ (3 × 365) days ≡ 1095 days

8 months ≡ (8 × 30) days ≡ 240 days

12 weeks ≡ (12 × 7) days ≡ 84 days.

Therefore, a milestone occurring in 3 years of increments of time will be the farthest to the right on a timeline.

You sell friendship bracelets. You have an agreement with your best friend, Georgina, who is a great artist in photography, that she will photograph all her subjects wearing your friendship bracelets. You have agreed that you will get 25 percent of the proceeds from the sale of photographs and she will get 25 percent of the sale proceeds from your bracelets. You didn't register your partnership before, so your original rights are not protected.


False


True

Answers

Answer:

true

Explanation:

by paying college students a subsidy equal to the external benefit from a college​ education, the government will cause students to internalize the externality. that​ is, the external benefit from a college education will become a

Answers

By paying college students a subsidy equal to the external benefit from a college education, the government will cause students to internalize the externality.

That is, the external benefit from a college education will become an internal benefit for the individual students. Currently, individuals who invest in higher education receive both private benefits, such as higher wages and job opportunities, and external benefits, such as increased economic growth and social benefits.

The external benefits, however, are not accounted for in the individual decision to invest in higher education, leading to a suboptimal level of investment in higher education. By providing a subsidy equal to the external benefit, the government can incentivize individuals to invest in higher education to a socially optimal level.

The subsidy will create a positive externality for the individual, as they will receive both the private and external benefits of higher education, leading to a more efficient allocation of resources and a more educated population.

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A girl in your kindergarten class has started to act uncharacteristically withdrawn. You send a text message to her primary caregiver, her grandmother, requesting a conference date, but you don't receive a reply. What is the best next course of action?
A.send another message beginning with urgent
B.Try a different method of contact
C.Hope with time child child starts acting like herself
D.Let it go-her grandmother clearly isnt interested in this meeting

Answers

B.) Try a different method of contact.

In order to prevent a total collapse of banks around the U.S. and the world, the federal government passed
Multiple Choice
NYSE.
FDIC.
S&L.
TARP.
MBS.

Answers

In order to prevent a total collapse of banks around the U.S. and the world, the federal government passed TARP (Troubled Asset Relief Program).

During the financial crisis of 2008, the U.S. government implemented the Troubled Asset Relief Program (TARP) to stabilize the financial system and prevent the collapse of banks. TARP was a comprehensive program that authorized the U.S. Department of the Treasury to purchase troubled assets, such as mortgage-backed securities (MBS), from banks and other financial institutions. This helped inject liquidity into the system and restore confidence in the banking sector.

The passing of TARP allowed the government to provide financial assistance to troubled banks, enabling them to remove toxic assets from their balance sheets and strengthen their capital positions. By providing capital injections and implementing measures to support financial institutions, TARP aimed to stabilize the banking system, prevent further bank failures, and restore stability to the overall economy.

While the other options listed (NYSE, FDIC, S&L) are relevant entities or regulatory bodies in the financial industry, they were not the specific measures implemented by the federal government to prevent a total collapse of banks during the financial crisis. TARP was the key program enacted for that purpose.

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you are studying to be an accountant. during school breaks, you work part-time at a large company that sells its stock on the stock exchange. to help you understand how investments work, you bought 100 shares of stock in this company. while doing the bookkeeping, you discover the company just had a very bad financial quarter. you anticipate the price for the company stock will fall substantially once that information is made public. you decide to sell your shares immediately to avoid a significant loss. you direct your stockbroker to sell your stocks and are able to complete the transaction before this news gets out. have you done anything illegal by selling your stock when you did?

Answers

Yes, you will be liable for insider trading based on the misappropriation theory.

Why Is Misappropriation Theory Important?

According to the misappropriation argument, anyone who trades stocks using insider information has committed securities fraud against the source of the information. A person who violates the misappropriation theory may be found guilty of insider trading in the US and sentenced accordingly.

When was the principle of misappropriation developed?

In the 1961 SEC hearing, there was a significant initial step toward extending Section 10(b) to cover insider trading. In re Cady, no. 29. The misappropriation approach advances the public interest by extending the application of Rule 10b-5 to more conduct that arises from a fiduciary or duty similar to a fiduciary obligation.

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A typical firm in a perfectly competitive market made positive economic profits last period. This period:a) Market supply will increase.b) Market price will rise.c) The firm will produce more.d) The firm's profits will increase.

Answers

A typical firm in a perfectly competitive market made positive economic profits last period. This period, the market price will rise. Therefore, option B is correct.

A competitive market is a market in which a large number of manufacturers offer similar goods to the market. Competitive markets are characterized by little market power, which indicates that producers and consumers have little ability to influence market prices. A competitive market has a number of characteristics, including a large number of small companies, unrestricted entry and exit, homogeneous products, full access to information, and well-defined property rights. Positive economic profits mean that a company is earning more income than it is expending on production expenses. The market price will increase as a result of this.

Therefore, option (b) is correct. The other alternatives are incorrect because the situation is not significant enough for these circumstances to occur.

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There should be no minimum wage in America. Workers should negotiate their pay! Do you agree with this statement? Why or why not?

Answers

Answer:

Minimum wage is important because it dictates the lowest hourly wage that a worker much be given. If it was removed, corporations may be able to give workers lower than what minimum wage would have been. Corporations also may outright refuse to pay the workers what they want leaving them jobless.

Hope that helps

50 POINTS


Latasha works with three and four-year-olds in a inner-city afterschool program. The pathway in human services cluster that Latasha works in is.

A. Early childhood development.
B. Counseling and mental health services.
C. Family and Community Services.
D. Personal care services

Answers

A. Early Childhood Development.

Answer:

Latasha works with three and four-year-olds in a inner-city afterschool program. The pathway in human services cluster that Latasha works in is.

A. Early childhood development

(No need brainliest)

For each lease below identify whether the short-term lease recognition exemption would be available. Fill in the columns by dragging and dropping the options from below, and then select Submit.

Answers

Here is the analysis of whether the short-term lease recognition exemption would be available for each lease:

How to explain the lease

Lease 1: Lease term: 11 months

Option to purchase: No

The short-term lease recognition exemption would be available for this lease because the lease term is 12 months or less and there is no option to purchase the underlying asset.

Lease 2:Lease term: 10 months

Option to purchase: Yes, but the lessee is not reasonably certain to exercise the option.

The short-term lease recognition exemption would be available for this lease because the lease term is 12 months or less and the lessee is not reasonably certain to exercise the option to purchase the underlying asset.

Lease 3: Lease term: 11 months

Option to purchase: Yes, and the lessee is reasonably certain to exercise the option.

The short-term lease recognition exemption would not be available for this lease because the lease term is 12 months or less, but the lessee is reasonably certain to exercise the option to purchase the underlying asset.

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complete the template below to help you plan out your letter
my product it’s a custom can of Pringle’s and I made the flavor of Pringle’s popcorn

I. Paragraph one- Introduction
1. (introduce yourself and explain your experience related to the product) _____________________________________________________________________


2. (explain why you are writing) _____________________________________________________________________


3. (briefly describe your food product and name for your food) _____________________________________________________________________


II. Paragraph two- Describe your Food Product
1. ( describe the flavors, ingredients, texture) _____________________________________________________________________

2. (what does your food look like) _____________________________________________________________________

3. (how is your food unique – what makes it different than other products out there) _____________________________________________________________________

III. Paragraph three- Describe the Packaging
1. (describe the colors in your packaging )____________________________________________________________

2. (describe any images, art, or photos on the package) _____________________________________________________________________

3. (describe the size and materials used in the package) ______________________________________________


IV. Paragraph four- Convince The Company
1. (describe the target population who will buy the food (ex. Moms, diabetics, vegetarians, teens) _____________________________________________________________________

2. (why should they make and market your food?)________________________________________
_______________________

3. (how much will you sell your food for? Sold individually or in larger quantities?) _____________________________________________________________________

V. Paragraph five- Conclusion
1. (Tell what you want the company to do) ______________________________________________
_____________________________________________________________________

2. (Restate what makes your food delicious) ____________________________________________
_______________________

3. (Restate what makes your food unique) ______________________________________________
_______________________

Answers

Answer:

Paragraph 1-

Introducing myself-

1.)

Hey, my name is... and I absoultey *love* Pringles, my favorite flavor is...because...(explain here<why you love that flavor and what you like most about it)...*add things about you and pringles to make the paragraph complete*

2.)

I have made such an outstanding flavor of Pringles, it is made of the most loved food by every human on Earth, POPCORN!

I can assure you that you will want to try my product by the time my presentation has come to an end, and boy-oh-boy do I want to as well!

3.)

Pringles are amazing. Though how would you love Popcorn Pringles? Huh, you do? Yup, I bet your pupils dilated and I got your taste buds alert!

4.)

What does my product contain? It consists of the delicious flavor of popcorn and (include your ingredients and texture of food)

5.)

What do my simple yet intricate Pringles look like? They look like *add your answer,

Any questions that have to do with describing your product would be up to you since I don't have the slightest idea of what it looks like...**

Convincing the Company-

You are looking at consumers from various categories starting from Children ranging to Elders. Vegetarians to Carnivores. I guarantee this will also include popcorn dislikers.

Why should they make the market?

Simply because they are tasty and different...all you see now is Pizza flavored Pizza, BBQ flavored brisket, Soy sauce flavored noodles. My product will be an attraction to all stores! Popcorn flavored Pringles, I mean are you kidding me, its genius, and anyone who thinks otherwise is someone who has not tried them.

How much will I sell it for?

*add your answer* Why? The reasons being, I want my product to be available to everyone.

What I want the company to do is...add your answer

The simple thought of a taste of a popcorn flavored on a Pringle makes me want to jump on a pogo stick and complete a world record!!!

The uniqueness is simple noone has made Popcorn flavored pringles and.. *add another statement on why your product is unique*

I DID MOST OF THE QUESTIONS FOR YOUR SLIDES, I HOPE THIS HELPED YOU AND MADE YOUR ASSIGNMENT EASIER FOR YOU :)

I KNOW HOW IT FEELS TO HAVE A PROJECT DUE AND POSTING IT AND FOR NONE TO HELP YOU OUT, THATS WHY I ANSWERED, THIS IS MY TROLL ACCOUNT BUT THANK ME ON MY OTHER ACCOUNT SamHdzBxby.

Your Welcome :)

One reason firms carry inventory is to ______, that is, to use inventory as a buffer between successive internal operations to avoid disruption in the event of equipment breakdowns or accidents.

Answers

One reason firms carry inventory is to use inventory as a buffer between successive internal operations

What is inventory?

Inventory involves taken records or account of raw materials or resources that are used to produce goods .

It also involves taken account of goods that are available for sale, it helps to know and plan ahead of Productionm

Therefore, One reason firms carry inventory is to use inventory as a buffer between successive internal operations.

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Subtract ( p-q)-(p+q)​

Answers

Answer:

Explanation:8s9s88s

The following are major factors in multinational cost of capital except: Group of answer choices Extent of international diversification of firm. Access to international capital markets. Size of the firm. Exposure to country risk. Exposure to credit risk or interest rate risk.

Answers

Answer:

Exposure to credit risk or interest rate risk.

Explanation:

Cost of capital refers to the average cost of equity and debt and this provides an insight into the capital structure of the company. Major factors affecting the cost of capital include;

a. The extent of international diversification: This will impact the possibility of the firm going bankrupt.

b. Access to international capital markets: These multinational companies have more access to reduced costs that stem from foreign financial support.

c. Size of the firm: The larger size of the firms will make these firms get more considerations from creditors.

d. Exposure to country risk: The risk of expansion also might lead to bankruptcy if things are not properly managed.

A set of orderly arrangements or processes (such as extraction, production, transportation, distribution, or finance) organized to make the whole industrial order function smoothly is called an industrial

Answers

The organized to make the whole industrial order function smoothly is animal firm.

What is industrial animal firm?

As previously stated, industrialized agriculture is the practice of increasing crop productivity through the use of machinery and cutting-edge technology. Instead of focusing on crop variety, the main goal of this type of agriculture is to maximize the output of a smaller number of crops in order to increase sales and profits. Industrial agriculture is beneficial because it increases food output. This will be significant, especially given how rapidly the global population is growing. In comparison to small rural farms that only supply local markets, industrial farms can easily maintain output rates.

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A deferred perpetuity-due begins payments at time n with annual payments of $2500 per year. If the present value of this perpetuity-due is equal to $18234.07 and the effective rate of interest i=0.08, find n.

Answers

The value of n is approximately 15. To find the value of n, we can use the formula for the present value of a perpetuity-due: PV = C / i * (1 - (1 + i)^(-n))

To find the value of n, we can use the formula for the present value of a perpetuity-due:
PV = C / i * (1 - (1 + i)^(-n))
Where:
PV = Present Value
C = Annual Payment
i = Effective interest rate
n = Number of periods
In this case, we are given:
PV = $18234.07
C = $2500
i = 0.08
Substituting these values into the formula, we can solve for n:
$18234.07 = $2500 / 0.08 * (1 - (1 + 0.08)^(-n))
Simplifying further:
1 - (1.08)^(-n) = 0.729636428
Now, we can solve for n by taking the logarithm of both sides:
log(1 - (1.08)^(-n)) = log(0.729636428)
Using a calculator or software, we find:
n ≈ 14.9986
Since n represents the number of periods, we can round it up to the nearest whole number:
n ≈ 15

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Which accurately describes the terms of this mortgage? Check all that apply.

Answers

Answer: 3, 4, 5.

3. Monthly payments must be made for 30 years.

4. The annual interest rate is 4.8 percent.

5. The homeowner is borrowing $200,000.

Explanation:

Why would the U.S. Federal Reserve Chairman content that changes in monetary policy may have less of a positive impact than would fiscal policy changes on individuals and small businesses?

Answers

Answer:

i need help tooooooooooooo

QUESTION 2 of 10: Your Maitre'd's starting salary is $38,000/year. You have promised her an 8% raise per year for her first 5 years. What yearly salary be after 5 years? a) $23,725 b) $42,114 c) $49,189 d) $55,834​

Answers

Answer:

D) 55,834

Explanation:

data must be converted into information to be considered useful and meaningful for decision making. there are 14 characteristics that make information both useful and meaningful. if information is free from error or bias and accurately represents the events or activities of the organization, it is representative of the characteristic of group of answer choices relevancy. timeliness. understandability. accurate.

Answers

If the information is free from error or bias and accurately represents the events or activities of the organization, it represents the characteristics of the answer choice group Verifiability.

Verifiability is a characteristic of financial information in such a way that the information can be confirmed by source documents. For example, an outside auditor must be able to prepare the same financial statement results as a client, using the same set of financial records and using the same assumptions applied by the client. When financial statements are verifiable, it assures users of the reports that they are fairly representative of the underlying business transactions.

Verification cannot be achieved without knowing the assumptions used in the preparation of financial statements. For example, depreciation expense calculated by a third party may differ from that calculated by a business, depending on the projected useful life and assumed salvage value. Not only does it involve more than duplicating the results reported by others, but verifiability also involves deciding whether the assumptions used by the other party are reasonable. It is likely that the auditor examining the client's financial statements will conclude that the client is making incorrect assumptions.

Another aspect of verification is that the business provides clear documentation of how the numbers came to be. By examining these documents, one can see if there is a logical flow from the source documents to the financial statements.

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If a product is no longer showing strong market share and sales are diminishing, which of the following would be the best approach to trying to extend its lifetime on the market
A. Offer extended warranties
B. Re-launch
C. Positioning
D. Discontinue

Answers

Answer:B. re-launch

Explanation: just took the quiz

Answer:

Re launch

Explanation:

A p e x

Which of the following is a personal benefit of eaming a college degree?
A. You have more friends.
B. You are more likely to exercise.
C. You have a longer life expectancy.
D. You are more likely to vote for the right candidate.

Answers

Answer:

Option B !!!!! :))

Explanation:

what is business and what is occupation​

Answers

Answer:

Business:

A person's regular occupation, profession, or trade.

Occupation:

A job or profession.

Explanation:

I looked them up in a dictionary.

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the analyst imports the data from the spreadsheet into rstudio. where in rstudio can the analyst find the imported data?

Answers

Since the analyst desires to imports the statistics from the spreadsheet into rstudio. the area in RStudio can the analyst locate the imported statistics are explained below.

To import a dataset from a textual content report, pick out "Import Dataset" from the Workspace tab in RStudio. Open a report browser, pick out the.csv report, after which click on Open. Can I run code in RStudio: You can use the Run toolbar button or the Ctrl+Enter key aggregate to run the road of supply code wherein the cursor is currently located.

RStudio routinely actions the cursor to the subsequent line after the road of code has been executed. You can also additionally now single-step through a listing of traces way to this. Note that Clicking the Environment tab in RStudio's top proper window, observed via way of means of the Import Dataset tab, gives a flexible approach for uploading statistics. Double-clicking at the applicable report in yourfile will load the statistics into R fast and easily.

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Gary Kelly, CEO of Southwest Airlines, talks to a group of reservation agents to acknowledge their contributions to the company's success.What function of management?

Answers

Answer:

leading

Explanation:

The function of management that the CEO is performing in this scenario is known as leading. This function focuses on motivating employees and influencing their behavior to achieve organizational objectives. In this scenario, the CEO of the company is motivating the employees by letting them know that they have been doing a great job and that top management is noticing their efforts which in term will cause them to perform even better with hopes that they will get bonuses or a promotion.

The pipe located underneath Jiro’s kitchen sink was leaking and he did not know how to fix it. He called a plumber who agreed to come fix the leaking pipe in exchange for $125 plus the cost of any parts. The plumber went to Jiro’s home, removed the old pipe that was leaking, and replaced it with a new pipe that the plumber brought with her. When the plumber was finished, she told Jiro that the total cost was $140 and Jiro promptly paid her. Was this a voluntary exchange? Why or why not?

A
Yes, because both parties willingly entered the exchange and benefited from it.

B
Yes, because one party exchanged money with another party for a good or service.

C
No, because Jiro was not aware of the final cost before he agreed to the exchange.

D
No, because the plumber’s service was not equal in value to the money paid by Jiro.

Answers

Answer:

A

Explanation:

It’s not b

The given statement clearly states that it was a voluntary exchange because both parties willingly entered the exchange and benefited from it.  Hence, Option A is correct.

What is a voluntary exchange?

Buyers and sellers engaging in market exchanges voluntarily and freely is known as voluntary exchange. A basic tenet of both classical and neoclassical economics, which serve as the foundation for modern mainstream economics, is voluntary exchange.

A transaction when two persons freely exchange products or services is referred to as a voluntary exchange. This happens in a market economy, a form of economy where both parties to an interaction benefit from it and come out ahead than they did before.

Given that both parties  entered the voluntary exchange and benefited from it, it is apparent that the transaction was voluntary.

Therefore, Option A is correct.

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HELP ASAP!!!!!! Which of the following is true of bureaucratic
organizational structures? Choose all that apply.
They are hierarchical.
They are common to small businesses.
Roles are undefined.
Responsibilities are defined.
Tasks are usually standardized.

Answers

They are hierarchical.

They are common to large corporations.

Responsibilities are defined.

Tasks are usually standardized.

A pyramidal command structure is characteristic of a bureaucratic organization. The bureaucratic structure is well-organized, and it operates with a high degree of formality.

The Options which are correct are a,b,d and e.

Reasons for the same are:

Option A is correct as yes they are hierarchical in nature as The organization is hierarchical, which means there are clearly defined levels of management, with lower levels reporting to higher levels and higher levels reporting to lower levels. Option B is correct as the bureaucratic organization is the system which is commonly used in small companies. Option D is correct as defined responsibilities are one of the characteristics of a bureaucratic organization. Option E is correct as Tasks in the bureaucratic organization are standardized.

Option C is incorrect as roles in the bureaucratic organization are defined.

A bureaucrat's job is to put government policy into action, to put laws and decisions made by elected authorities into practice. Public administration is the process of administering a government and providing services through policy execution.

Thus Option A, B, D and E are correct options.

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which statement best describes the relationship between businesses and other parts of the circular flow of goods?
A. businesses make rules about what resources will be available
B. businesses sell the goods produced in households
C. businesses create the goods that product markets sell
D. businesses make it easier for households to access resource markets

Answers

The statement that describes the relationship between businesses and other parts of the circular flow of goods is that it is the businesses that create the goods that product markets sell. Hence, Option C is correct.

What is the flow of goods?

Right from the availability of the raw material to the delivery of the goods to the ultimate customer, there is proper supply chain management, it works with the aim of the flow of goods. There are various types of flow, like labor flow, money flow, and many more.

Sometimes it is a complicated web in which there are interconnected networks, which involve a distribution channel also. There is a flow of labor also available, whose work is to produce goods and services.

Therefore, Option C is correct.

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What should you do after attending a college fair?

A. Make a folder for each college.

B. Read the materials once you have decided which college you want
to attend.

C. Throw away everything you received at the fair except the
guidebooks

D. Store all the information you collected in your closet and don't look
at it until you're ready to apply to college.

Answers

Answer:

B and A

Explanation:

both of them are good things to do but B is better.

Hope this helps you :)

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