To Make Sure They Stock Clothes That Their Customers Will

question 36

Multiple Choice

To make sure they stock clothes that their customers will purchase, a department store implements a new application that analyzes spending levels at their stores and cross references this data to popular clothing styles. This is an example of using information systems to support a business strategy of:

• A)new products, services, and business models.
• B)survival.
• C)customer and supplier intimacy.
• D)improved decision making.

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Definitions:

Intuitors

Individuals who prefer to rely on intuition and abstract thinking rather than factual information and practical details.

Empirical Data

is information obtained through observation or experimentation, used as a basis for forming conclusions or making decisions.

Theoretical Frameworks

Structured systems of concepts and theories that provide a foundation for understanding phenomena and guiding research.

Self-efficacy

An individual's belief in their ability to succeed in specific situations or accomplish a task.