A Retailer Has a Data Base of Past Sales by Size

question 58

Multiple Choice

A retailer has a data base of past sales by size distribution.This data base is used as a guide in ordering decisions.The data base is an example of _____.

• A)external secondary data
• B)internal secondary data
• C)a survey
• D)primary data

Understand the impact of age on second language learning efficiency.

Discriminate between disorders affecting language learning and their specific challenges.

Identify language learning adaptations and similarities in humans and animals outside of an auditory-verbal context.

Understand the concept of marginal revenue and how it impacts firm decision-making.

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Definitions:

Core Competencies

The unique strengths or strategic advantages of a business, comprising knowledge, resources, and capabilities that distinguish it in the marketplace.

Competitive Advantages

Unique attributes or capabilities that allow a company to outperform rivals, create greater value for its customers, and achieve superior market position.

Straddling

A strategy where a company seeks to occupy more than one position in a market or industry, often attempting to offer a range of products or services to cover different segments.

Marketing Failure

Marketing failure occurs when a marketing plan fails to achieve its objectives, leading to wasted resources, lost opportunities, or negative impact on a company's brand.