A Certainty Factor of 1

question 61

Multiple Choice

A certainty factor of 1.960 is used for ____ percent desired certainty.

• A)75
• B)95
• C)96
• D)99

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Definitions:

Digitized

The process of converting information into a digital format, enabling easier access, distribution, and manipulation of data.

Omnichannel Distribution

A marketing approach that provides customers with a seamlessly integrated shopping experience, combining various channels like online, in-store, and mobile.

Push and Pull Strategy

Marketing techniques where a "push" strategy is used to take the product to the consumer (via distribution channels), and a "pull" strategy motivates consumers to actively seek out the product.

Supply Chain Strategy

The planning and management approach to sourcing, procuring, producing, and distributing goods or services to end users.