Web and Mobile Technologies Have Disrupted the Business Strategies of Retailers

question 117

Multiple Choice

Web and mobile technologies have disrupted the business strategies of retailers as consumers can quickly and easily research product prices.What do retailers need to do to stay competitive given how empowered consumers have become?

• A)Retailers need clear strategies to respond to the empowered consumer by price-matching or finding ways to offer greater value.
• B)Retailers must implement data analytics to distinguish patterns in their best customers' shopping behavior.
• C)Retailers need to reduce the number of sales channels so they are able to cut product prices.
• D)Retailers need to offer free shipping and returns.

Recognize the applicability and contents of housing codes and their importance in ensuring safe, clean, and sanitary living conditions.

Explain the concept of tenancy types, including tenancy for years, periodic tenancy, tenancy at will, and tenancy at sufferance.

Understand the circumstances under which eviction proceedings may be justified and the legal process involved.

Analyze landmark court cases and their impacts on landlord liability, especially in terms of tenant injuries and housing code violations.

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Definitions:

Direct Labor Costs

Expenses directly associated with the labor used in the production of goods or services.

Manufacturing Overhead

Costs incidental to the manufacturing process that do not include the costs of direct materials and direct labor.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including the cost of materials and labor.

Cost of Goods Manufactured

The total cost incurred by a company to produce goods within a specified period, including costs related to materials, labor, and manufacturing overhead.