When Benjamin Purchased a Camera at Best Buy, the Cashier

question 70

Multiple Choice

When Benjamin purchased a camera at Best Buy, the cashier asked him for his home zip code. Which of the following approaches was Best Buy using to identify the trade area for the store?

• A) Customer clustering
• B) Residential research
• C) Financial demographics
• D) Geographic research
• E) Customer spotting

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Definitions:

Carefully Planned Diet

A diet meticulously outlined to meet nutritional needs, often for specific health conditions or fitness goals.

Driving Route

The predetermined path or directions followed when operating a vehicle from one location to another.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.

Lottery Jackpot

The largest prize available in a lottery, often accumulating until it is won.