Automated Retailing Occurs When a Consumer Goes into a Store

question 19

True/False

Automated retailing occurs when a consumer goes into a store to learn about different brands and products and then searches the Internet for the same product sold at a lower price.

Understand the options available when creating a report with the Report Wizard.

Identify the formatting enhancements themes apply to reports.

Know how to configure font settings for tables in Table Datasheet view.

Comprehend the effects of changing font color for primary key fields in tables.

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Definitions:

Industry Profitability

Industry profitability is a measure of the average income and margins businesses within a specific sector can expect to earn.

Competitive Rivalry

The ongoing, competitive struggle between companies in the same industry or market to win over customers, increase market share, and achieve dominant status.

Substitute Products

Goods or services that can be used in place of each other, offering consumers an alternative choice.

Economies Of Scale

Refers to the cost advantages that enterprises obtain due to size, output, or scale of operation, with cost per unit of output generally decreasing with increasing scale as fixed costs are spread out over more units of output.