Category Management Is the Use of Computer Software to Evaluate

question 308

True/False

Category management is the use of computer software to evaluate the profitability of various merchandising plans for hundreds of categories.

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Definitions:

Futuring

The practice of exploring predictions and possibilities about the future, often based on trends and scenarios, to guide decision-making.

Uncertain

The state of being unsure or having doubts about something, often due to a lack of information.

Predictable

The characteristic of an event, outcome, or behavior that can be anticipated or expected based on certain patterns or prior knowledge.

Lead User

An innovative customer who modifies or uses products in a new way, leading trends and offering valuable insights for product development.