Transaction Data Gathered at the Point of Sale Is Known

question 48

Multiple Choice

Transaction data gathered at the point of sale is known as

• A) physical-world observations.
• B) business process information.
• C) public data.
• D) personal preference data.

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Definitions:

Diffusion

The process by which an innovation, idea, or cultural practice is spread through a population, crossing barriers and gaining acceptance.

Groupthink

A psychological phenomenon that occurs within a group of people, in which the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Transactive Memory

Transactive memory is a psychological concept explaining how groups collectively store, recall, and share knowledge through the relationships among members.

Metastatements

Communications that provide commentary about other statements, often clarifying or interpreting them.