Pace Hardware Uses Learningnow

question 80

Multiple Choice

Pace Hardware uses Learningnow.com to improve sales force effectiveness and facilitate sharing of expertise.It allows Pace retailers to link with other Pace retailers to ask for managerial and marketing advice.It also allows Pace retailers to ask their suppliers about product usage,deliveries,and warranties,and it allows suppliers to send new-product information directly to Pace retailers.Pace Hardware is using a(n) ________.

• A)intranet
• B)search engine
• C)extranet
• D)sniffer
• E)crowdsource

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Definitions:

Random Sample

A subset of individuals chosen from a larger set, where each individual has an equal chance of being selected.

Five Number Summary

A descriptive statistic that provides information about a dataset through its minimum, first quartile, median, third quartile, and maximum.

Summarization

The act of condensing information into a more compact form, retaining key elements.

Midpoint

The value that lies exactly in the middle between the highest and lowest values of a data set, often used in the calculation of class intervals.