Solved

James Murphy Owns a Small Number of Upscale Candy and Gift

Question 75

Multiple Choice

James Murphy owns a small number of upscale candy and gift shops in a three-state area. The shops are unique in that they offer very unusual candies and gifts made from many different areas of the globe. The products are very expensive and appeal only to a particular type of consumer. James is interested in expanding to other areas of the country, but outside the three-state area he is not at all familiar with the demographics of the cities in the states in which he has an interest. He needs a firm that will allow him to combine geodemography allowing him to select arbitrary (two-mile circles around proposed site locations) and a standardized service that associates his customer profile with that of predetermined "types" of customer groups. Once this is done, the service should be able to tell him which proposed site locations have a large number of the desired customer "types" that will likely be good customers for his unique shops. Which service should James select?


A) Arbitron Candy/Gift Ratings Index
B) Claritas PRIZM
C) Duns Market Identifiers (DMI)
D) Starch Services, Inc.
E) NAICS Business Location Service

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions