SCENARIO 14-7
The output below shows the results of cluster analysis on the different regions of the world (North
America, Asia Pacific, Western Europe, Central & Eastern Europe, Latin America, and Middle East
& Africa) based on the amounts (in billions of US dollars) and the percentage changes from prior year of business-to-consumer ecommerce sales last year. 
-Referring to SCENARIO 14-7, Middle East & Africa is the next region that clusters with the Central & Eastern Europe and Latin America cluster.
Definitions:
Subsidiary Ledger
A detailed ledger that contains the individual accounts related to a specific category, supplementing the general ledger.
Consignment
An arrangement where goods are left with a third party to sell, but ownership remains with the supplier until the goods are sold.
Consignee
The retailer in a consigned inventory arrangement.
Retailer
A business entity that sells goods or services directly to consumers through various distribution channels to earn a profit.
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