Final answer:
Companies can learn valuable information about current customers by reviewing demographics and database information. By analyzing demographics, companies can understand the characteristics of their customer base. Database information, on the other hand, provides insight into customers' past behaviors and allows companies to make predictions about their future behavior.
Step-by-step explanation:
Companies can learn valuable information about current customers by reviewing demographics and database information. Demographics provide data on factors such as age, gender, education, religion, race, and more. By analyzing this information, companies can understand the characteristics of their customer base and tailor their products, marketing strategies, and customer service to better meet their customers' needs.
Database information, on the other hand, provides insight into customers' past behaviors, preferences, and purchase history, allowing companies to make predictions about their future behavior and offer personalized recommendations and promotions.
By analyzing demographics, companies can understand the characteristics of their customer base. Database information, on the other hand, provides insight into customers' past behaviors and allows companies to make predictions about their future behavior.