In Which of the Following Cases Is Building a Database

question 91

Multiple Choice

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

• A)Clare's creates personalized sculptures for special occasions.
• B)Sales of Clarity soap have fallen over the past few months in all regions.
• C)2Wheels sends appropriate gifts and discount coupons to deepen customer loyalty.
• D)Uncle Jim's sells its range of snacks in stores throughout the country.
• E)Ready-to-wear clothes brand Zeep targets the teen and tween market throughout the U.S.

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Definitions:

Tax

Mandatory financial charges imposed by a government on individuals or entities to fund public expenditures.

Producer Surplus

The difference between the amount producers are willing to accept for a good or service and the actual amount they receive, due to higher market prices.

Tax

A compulsory financial charge or levy imposed by a governmental organization in order to fund various public expenditures.

Price Elasticities

The responsiveness of the quantity demanded or supplied of a good to a change in its price.