By Using the Information Provided from the Data Warehouse,a Retailer

question 70

Multiple Choice

By using the information provided from the data warehouse,a retailer can:

• A)advertise to a more marketable demographic
• B)determine whether moving to a new location would attract more business
• C)easily gauge price points to meet the competitor's prices
• D)offer more services like gift wrap,lower interest rate credit and same-day delivery
• E)tailor offerings to better meet the needs of their customers

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Definitions:

Cash-flow Method

A financial analysis approach that evaluates an investment's profit or loss by considering the timing and amount of cash inflows and outflows.

Business Valuation

A process and a set of procedures used to estimate the economic value of an owner’s interest in a business.

Profit Potential

The capacity or likelihood for a business venture to generate earnings over costs.

Balance Sheet Method

A financial accounting strategy for valuing assets or determining net worth by comparing what is owned to what is owed.