The beginning of the wheel of retailing (when low-price institutions first appear) corresponds to which retail life cycle stage?

a. decline
b. accelerated development
c. introduction
d. maturity

c

Business

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The variation between actual and expected results is known as:

a. objective risk b. objective probability c. subjective probability d. subjective risk

Business

The primary reason for building a database, coding the information, and data mining is to use the output to build programs that will boost sales revenues

Indicate whether the statement is true or false

Business