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Retailers Are Always Interested in Determining Why a Customer Selected

question 74

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Retailers are always interested in determining why a customer selected their store to make a purchase.A sporting goods retailer conducted a customer survey to determine why its customers shopped at the store.The results are shown in the bar chart below.What proportion of the customers responded that they shopped at the store because of the merchandise or the convenience? Retailers are always interested in determining why a customer selected their store to make a purchase.A sporting goods retailer conducted a customer survey to determine why its customers shopped at the store.The results are shown in the bar chart below.What proportion of the customers responded that they shopped at the store because of the merchandise or the convenience?   A) 35% B) 50% C) 65% D) 85%


Definitions:

Permanent Income

A theory suggesting that people's spending choices are better determined by their long-term average income rather than their current income.

Purchasing Decisions

The choice process by consumers or organizations regarding the identification, comparison, and selection of products or services.

Holiday Bonus

An extra payment given to employees, typically at the end of the year, as a gesture of goodwill and to share the festive season's joy.

Annual Income

Annual income is the total amount of money earned by an individual or entity within a year from all sources, including wages, salaries, bonuses, and investments.

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