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The Manager of Inkman,a Convenience Store,keeps Track of the Average

question 40

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The manager of Inkman,a convenience store,keeps track of the average sale amount for each customer as a way of deciding on the product mix to be carried in the store.This is an example of:


Definitions:

Demand

The desire and ability of consumers to purchase goods or services at a given price.

Safety Regulations

Standards and rules established to ensure the physical and psychological well-being of individuals in various environments.

Performance Appraisals

Systematic evaluations of an employee's job performance over a specific period, used to determine the need for training, promotions, or other employment decisions.

Substitute

An alternative option or replacement for someone or something.

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