Answer:
The answer to this question is B. Niche marketing
Explanation:
Niche marketing involves identifying and exploiting a small segment of a larger market by developing products to suit it. identifying and exploiting a small segment of a larger market by developing products to suit it.
A niche market cater for the unique demands that aren't being addressed by mainstream providers. Organisations pursue niche markets as a way to build loyalty and revenue with a largely-overlooked audience.
We can therefore conclude from the explanation in the questions as regards the activities of Digital Print Shops that it using a Niche marketing strategy
Hence the answer is B. Niche marketing
Answer:
Europe
Explanation:
Europe as a continent has the highest concentration of trade. Europe comprises of almost more than 50 countries in itself. Right from early days, trade prospered in Europe and Atlantic Ocean, which stretches between Europe and America, remains the busiest ocean owing to this fact.
During times of colonization, spices and indigo were imported to Europe as the continent was one of it's highest consumers.
With the advent of European Union, trade further strengthened as a common currency in the form of Euro was established. This eased out the process of trade.
Answer:
Explanation: Two important factors that could be considered to help decide how much inventory to keep in existence of a particular item in the store are:
1. Different inventory management techniques: These well-developed techniques will allow for an adequate level of inventory since, if not applied, maintenance of high levels of inventory could be incurred. The same would happen if there is a low level of inventory, since more costs would also be incurred as well, since there would be a need to place more orders. Maintaining an adequate level of inventory allows you to be stocked all the time and provide optimal service.
2. Use technological tools, that is to say computer systems to optimize the realization of inventories, taking into account that it is necessary to work with qualified personnel to keep a record of all the items owned by the company.
<u>Full question:</u>
Walmart is known for its efficient logistical systems. Every time consumers buy something, that purchase is recorded and sent to company headquarters, where it is used to generate reorders to vendors. In addition, customers' billions of purchases are analyzed to uncover patterns of consumers' purchasing behavior. This is an example of _________________.
A.Data isolation
B. Data mining
C. Secondary data collection
<u>Answer:</u>
This is an example of Data mining
<u>Explanation:</u>
Data mining is the manner of detecting exceptions, models, and relationships inside massive data sets to prognosticate consequences. By utilizing software to watch for models in huge quantities of data, businesses can acquire more on their consumers to produce more powerful marketing tactics, improve sales and reduce costs.
Learn what is appropriate and then execute good effectiveness of that erudition to evaluate likely outcomes. Data mining can be practiced by organizations for everything from acquiring what consumers are engrossed in.
