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Glossary / Lexicon

What is a service portfolio?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A portfolio of accomplishments is a document that contains a summary of an individual's or company's accomplishments. It may include information about prior work, education, experience, skills, qualifications, technical knowledge, accomplishments, and other relevant information. A performance portfolio can be an important tool for a person's or company's success because it provides a consolidated view of skills and accomplishments that can be adjusted to show what is required for specific jobs or positions.
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What is sales?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Sales is a general term for the sale of products or services. It includes the entire process chain from identifying the need to closing the deal. Sales includes not only selling, but also customer care, marketing, pricing and many other aspects of the business.
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What are company addresses?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Company addresses are addresses that belong to a specific company or organization. They can be used to send business letters, products and other things to the company.
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What is a use case?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A use case is a description of a specific behavior that a system or software must perform. Use cases help in modeling and analyzing requirements for a system and in developing software by describing the requirements and interactions between users and the system. They can also be used to understand how a system works or to provide an interface between different systems.
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What is acquisition?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Acquisition refers to the systematic acquisition of new customers or clients for a company or organization through an active sales pitch or other form of approach. Acquisition is a combination of sales promotion and customer retention. The purpose of canvassing is to attract new customers or clients who will support the business or organization by purchasing its services or products. Acquisition can take place in a variety of ways, such as a face-to-face sales call, customer outreach, direct mail, or online marketing.
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