By Examining Checkout Data, Supermarkets Have Learned That People Who

question 65

Multiple Choice

By examining checkout data, supermarkets have learned that people who are buying beer typically also buy a bag of salty snacks. As a result of this finding from ____, supermarkets often place displays of beer near the chips and pretzel aisle.

• A)optical scanning
• B)electronic data interchange
• C)bar coding
• D)data mining
• E)data warehousing

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Definitions:

Accounts Receivable Balance

The entire sum owed by customers to a company for the consumption of goods or services for which payment has not been made.

Cost of Goods Sold

The immediate expenses linked to the creation of products that a company sells.

Sales

The transactions involving the exchange of goods or services for money, constituting the revenue of a business.

Accounts Receivable Balance

The total amount of money owed to a company by its customers for goods or services sold on credit.