In a Channel in Which Retailers Lead,intermediaries That Gather,analyze,and Interpret

question 54

Multiple Choice

In a channel in which retailers lead,intermediaries that gather,analyze,and interpret big data to generate insights about their customers' needs will

• A)seek out producers who can meet those needs with products at reasonable prices.
• B)lose their power to influence pricing.
• C)take a back seat in a producer-dominated channel system.
• D)lose their bargaining power against suppliers and customers.
• E)stop playing the role of channel captain.

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Definitions:

Job Interview

A formal meeting in which a potential employer evaluates a job applicant's qualifications and fitness for a position.

Stimulus

Anything that provokes a response or reaction from an organism, system, or individual.

Standpoint

A perspective or point of view arising from personal experiences, social position, or cultural background.

Circumstance

The conditions or facts affecting an event or situation, often beyond one's control.