Walmart Employs a Method of Collecting and Storing Data About

question 69

Multiple Choice

Walmart employs a method of collecting and storing data about their customers in which data is entered each time a purchase is made by the customer.This enables the company to track how recently purchases have been made,how often they are made,and what amounts of money are being spent.This helps it in maintaining better relation with its customers.Which of the following methods of maintaining a database is employed by Walmart?

• A)Delphi technique
• B)Cost per order method
• C)RFM scoring method
• D)Customer development index
• E)One step approach

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Definitions:

CPU

The Central Processing Unit is the main element of a computer, responsible for executing the majority of computations and tasks within the system.

Operating System

The software that supports a computer's basic functions, such as scheduling tasks, executing applications, and controlling peripherals.

Application Program

An application program is software designed to perform a group of coordinated functions, tasks, or activities for the benefit of the user.

Central Processing Unit

The primary component of a computer that performs most of the processing inside a computer.