Which statement concerning retail information systems is not correct?
a. Developing and updating a retail information system in an ongoing process.
b. Developing a retail information system is generally simple.
c. Data is continuously collected and stored in a retail information system.
d. Retailers typically spend from 0.5 to 2.0 percent of their sales on their retail information system.
b
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Which of the following BEST describes outdoor advertising?
a. It can be used to reach a narrow, selective target market. b. It is a flexible low-cost medium that can take many forms. c. It is not affected by noise. d. It is often used to sell specialty products.
When you use a table of random numbers or flip a coin to select members of the sample, you are using a form of ________ sampling
A) random B) snowball C) judgment D) nonprobability E) quota