____________________ Databases Contain Marketing and Demographic Data About People, Such

question 25

Short Answer

____________________ databases contain marketing and demographic data about people, such as where they live and what products they buy.

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Definitions:

Periodic Basis

A method of accounting where financial and inventory records are updated at regular, fixed intervals.

Resale Value

The expected price at which an asset can be sold in the market after it has been used.

Incremental Costs

The additional costs incurred when a company increases production by one unit.

Special Order

An order that deviates from the normal production process or product line, often requiring special pricing and handling.