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Saks Fifth Avenue Wants to Learn About Its Consumers' Attitudes

question 101

Multiple Choice

Saks Fifth Avenue wants to learn about its consumers' attitudes toward online purchases. There are numerous studies that are available about consumers and online buying, but Saks believes its customers might be different from the usual online consumer profile, so they decide to conduct their own study. If Saks were to use the available data about consumer attitudes, it would be using ___ data; however, if Saks does its own study it would collect ______ data.

Identify common fraud schemes and methods of committing financial crimes.
Grasp the concepts of mens rea and actus reus in the context of criminal liability.
Recognize the legal requirements and consequences under specific regulatory acts such as the Sarbanes-Oxley Act and the Computer Fraud and Abuse Act.
Understand the procedural aspects of criminal cases, including the burden of proof, plea options, and the significance of Miranda rights.

Definitions:

DVCs

Digital Video Cameras; devices that record video in a digital format, often used for surveillance, creating content, and personal use.

Raw Materials

The basic materials from which products are made, typically natural resources such as minerals, wood, or cotton.

High-Technology Goods

Products that incorporate advanced scientific research and new technological innovations, often characterized by high research and development costs.

GDP

Gross Domestic Product, the total market value of all final goods and services produced within a country in a given period of time.

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