Models (or Marketing Models)

A graphical representation of a process to aid in understanding and/or forecasting. Computer models are used to simulate scenarios based on different assumptions about changes in the macro and micro environment. See also macro environment and micro environment.

Literal Meanings of Models (or Marketing Models)

Models:

Meanings of Models:

1. Simplified view used to explain how a real system or event works.

2. Any copy or likeness, more or less exact.

Sentences of Models

1. The sculptor sculpts a figure of a dolphin from clay.

Or:

Meanings of Or:

1. (Operations) Application of scientific methods and techniques to decision-making problems, especially in business administration and public administration.

Marketing:

Sentences of Marketing

1. We hope to launch an ecological model before the next quarter.