MasterCard could use the data warehousing strategy by making its cards acceptable for any transaction in any place.
Data warehouse plays an important role in the competitive market for MasterCard. As the data has been turned into Business Intelligence (BI), which enables individuals, banks and companies to make strong decisions with regard to payment through electronic means.
The data warehousing could be used by MasterCard to gain a distinct advantage over its competitors. As previously Visa represents around 50% of charges for products sold overall while MasterCard was only at 25%.
An example of using Data warehousing is such that banks can issue MasterCard which if used on Aircraft or Restaurants then these banks can use this data to arrange offers and other benefits to motivate cardholders to spend more with their MasterCard. They could even offer limited time openings such as to pay for room or buy exclusive items during shopping.
The correct answer would be d. all of the above
The key factor distinguishing retailers from other members of the supply chain is that they sell to customers for their personal use.
<h3>What do you mean by customers?</h3>
- A client is someone who purchases goods, services, products, or ideas from a seller, vendor, or supplier in exchange for money or another useful consideration.
- This definition applies to sales, business, and economics.
- Customers who frequently purchase from a business establish conventions that enable regular, sustained trade, which enables the business to create statistical models to improve production procedures (which alter the nature or form of goods or services) and supply chains (which changes the location or formalizes the changes of ownership or entitlement transactions).
<h3>What types of customers are there?</h3>
- 5 different consumer types
- New customers.
- Impulsive buyers.
- Angry customers.
- Persistent customers.
- Loyal customers.
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I believe the Moisturizing Black Soap Shampoo which is capable of both moisturizing and cleansing at the same time, had long been introduced in the industry. This product is currently in its maturity stage as many are still unaware of its existence. Thus, the need for further advertising.
I think the appropriate response is the boundaries of the firm. It is exercised in the vertical chain a firm ought to perform itself and which it ought to buy from autonomous firms in the market. Specifically, the most powerful work amid the most recent two decades on why firms exist, and what decides their limits, has been fixated on what has come to be known as the ''hold-up issue.
