By Using the Information Provided from the Data Warehouse, a Retailer

question 12

Multiple Choice

By using the information provided from the data warehouse, a retailer can:

• A) advertise to a more marketable demographic segment
• B) offer more services like gift wrap, lower interest rate credit, and same-day delivery
• C) determine whether moving to a new location would attract more business
• D) tailor offerings to better meet the needs of their customers
• E) easily gauge price points to meet the competitor's prices

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Definitions:

Organizational Standards

Established benchmarks of quality or expectations for behavior and operations within an organization.

Escalating Commitment

The phenomenon where individuals or organizations continue to invest time, money, or resources into a failing course of action due to previously invested effort.

Allocation Of Resources

The process of distributing available resources among various competing needs or projects.

Emotional Block

Psychological barrier that prevents a person from achieving a desired outcome or expressing emotions effectively.