Which of the Following Is a Difference Between a Retailer

question 25

Multiple Choice

Which of the following is a difference between a retailer channel and a wholesaler channel?

• A)A retailer channel is most common when the retailer is large and can buy in large quantities,while a wholesaler channel is commonly used for low-cost items that are frequently purchased.
• B)A retailer channel must be organized and managed as a group,while a wholesaler channel must be managed individually.
• C)A retailer channel helps differentiate a firm's final product from the competition,while a wholesaler channel does not.
• D)A retailer channel enables a retailer to use another manufacturer's already-established product,while a wholesaler channel does not.

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Definitions:

Expert System

A system that tries to replicate the decision-making processes of human experts in order to solve specific problems.

Data Mart

A subset of a data warehouse, focused on a specific business line or team, containing data relevant for a specific group of users.

Artificial Intelligence

The replication of human thought processes and behaviors in machines programmed to emulate human actions and thinking.

Data Mining

The process of analyzing large datasets to discover patterns, trends, and relationships that can inform decision making.