In Which of the Following Cases Is Building a Database

question 30

Multiple Choice

In which of the following cases is building a database worthwhile for the company?

• A)where the product is a once-in-a-lifetime purchase
• B)where customers show little loyalty to a brand
• C)where the company wishes to reactivate customer purchases
• D)where the unit sale is very small
• E)where the cost of gathering the information is high

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Definitions:

Seller

A party that offers goods or services for sale.

Chicago Mercantile Exchange

A global marketplace for trading futures and options across various asset classes, such as agricultural products, currencies, and interest rates.

Chicago Board Of Trade

A leading platform for the trading of futures and options related to agricultural commodities, financial products, and other assets.

Futures Exchanges

Futures exchanges are marketplaces where futures contracts and options on futures contracts are traded, facilitating the buying and selling of financial instruments and commodities with future delivery dates.