A Retailer Wants to Collect Information About Its Customer Purchases

question 56

Multiple Choice

A retailer wants to collect information about its customer purchases so that it can suggest appropriate products to its customers,but the retailer does not want to raise privacy concerns among its customers.Which of the following should it do?

• A) Give customers a choice as to whether they give information
• B) Tell consumers what information they are collecting
• C) Allow consumers to view and correct any personal information held by an online retailer
• D) Ensure that the information is held securely and is not passed on to other companies
• E) All of these

Describe the four primary financial statements for a corporation.

Calculate financial ratios and analyze changes in financial position.

Understand the concepts and characteristics of financial reporting (timeliness, understandability, comparability, verifiability).

Understand the concept of net income and net loss and how to calculate them from revenues and expenses.

---

Definitions:

Task at Hand

This phrase refers to the immediate job, work, or activity that requires attention or completion without delay.

Behavioral Theorist

A scholar who studies and contributes to the understanding of behaviors by emphasizing the effects of learning and environment on actions.

Reward Members

A strategy of providing benefits, incentives, or recognition to members of a group or organization to encourage desired behaviors.

Correlational Study

A research method that examines the relationships or associations between two or more variables, without inferring a causal relationship.