Sears Department Stores Used to Plant Employees in Competitor Stores

question 44

Multiple Choice

Sears department stores used to plant employees in competitor stores to perform research and analysis. Recently the company implemented a system that can search competitor websites and provide comparisons of price, promotions, and availability and the system is saving time, money, and resources. What type of system did Sears implement?

• A) Shopping algorithm
• B) Shopping network
• C) Shopping logic
• D) Shopping bot

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Definitions:

Homogeneous Product

A product that is uniform and consistent in quality and characteristics, making it indistinguishable from products produced by other manufacturers.

Weighted-Average Method

A cost accounting method that calculates the cost per unit of inventory based on the average cost of all similar items in the inventory.

Conversion Costs

The cumulative costs of direct labor and manufacturing overhead that are incurred to convert raw materials into finished goods.

Assembly Department

A division within a manufacturing facility where parts are put together to form finished products.