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Mary Elizabeth Yarbrough Is a Farmer in the San Francisco

question 34

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Mary Elizabeth Yarbrough is a farmer in the San Francisco, California area. She grows herbs thought to be medicinal and other products thought to promote health and nutrition. Her business is quite large, but in the past she has found it hard to make decisions about which products to add, drop or to consider for future crops because she has a difficult time finding market data. However, she learned recently there is a firm by the name of SPINS that happens to be located in San Francisco that provides data collected by scanners in natural and organic food stores. Her problem, now solved, illustrates which disadvantage of scanner tracking data discussed in your textbook?


Definitions:

Piagetian Terms

Concepts and terminology associated with the cognitive developmental theory of Swiss psychologist Jean Piaget, which focuses on how children's thinking evolves over time.

Accommodation

The process of adjusting or adapting cognitive schemas to integrate new information, or physical provisions made for housing.

Organization

The structured arrangement of components, applicable to entities ranging from businesses to biological systems, to achieve specific goals or functions.

Assimilation

The cognitive process in which new information is absorbed and integrated into pre-existing knowledge structures and frameworks.

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