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Retail Management Study Set 1
Exam 8: Information Gathering and Processing in Retailing
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Question 81
Multiple Choice
A firm can determine information about inventory movement,sales by different personnel,and sales volume through an analysis of _____.
Question 82
True/False
Secondary data sources such as the U.S.Census of Retail Trade may be inappropriate for a researcher due to the categories used by the government to study demographics such as age and income.
Question 83
True/False
Vendors can communicate shipping information with retailers through electronic data interchange (EDI).
Question 84
Multiple Choice
Frequent shopper programs and customer and vendor analysis are made possible through _____.
Question 85
Multiple Choice
Observation is most appropriately used in the study of which stage of the consumer decision process?
Question 86
Multiple Choice
Respondent bias is minimized in which data collection technique?
Question 87
Multiple Choice
A retailer seeks to study the impact of price on consumers' purchases.The most appropriate technique is _____.
Question 88
Multiple Choice
A store seeks to determine the percent of consumers who pass by a given location,and the percent of these customers that purchase a given product.The most appropriate data collection technique is _____.