Although Having Information About Individual Customers Helps Retailers Provide Better

question 45

Multiple Choice

Although having information about individual customers helps retailers provide better services to consumers, consumers are concerned about

• A) price promotions.
• B) loyalty.
• C) descriptive information.
• D) privacy.
• E) data mining.

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Definitions:

Cash Dividends

Cash dividends refer to the distribution of profits made by a company to its shareholders in the form of cash.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and losses from total revenue.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.

Operating Activities

Activities related to the day-to-day business operations, including cash flows from selling goods and services, and paying for expenses.