Some Grocery Stores Collect Data on Competitive Prices

question 145

Multiple Choice

Some grocery stores collect data on competitive prices

• A) by calling their competitors.
• B) on a quarterly basis.
• C) through stores' purchase data.
• D) from their resellers.
• E) by using full-time comparison shoppers.

---

Definitions:

Future Search Conferences

A large group intervention method aiming to bring diverse people together to envision and plan their future collectively, focusing on common ground and positive action.

Organizational Change

The process by which organizations adapt to new conditions, restructure, or alter their strategies, structures, or processes to improve effectiveness.

Cost Reduction

The process or strategy of lowering expenses incurred by a business in order to improve profitability without compromising the quality of its products or services.

Action Research Approach

A participatory form of research aimed at solving immediate problems while focusing on the implementation of solutions in a cyclical process.