When 7-Eleven learns (through sales analysis) that its best-selling products are such items as gasoline, beverages, and groceries, 7-Eleven is avoiding the iceberg principle.

Question

Quizplus · Accepted Answer

The iceberg principle states that most of a problem or issue is hidden from view, like the submerged part of an iceberg. In this case, 7-Eleven is not ignoring the fact that its best-selling products are gasoline, beverages, and groceries. Instead, it is using this information to make decisions about its product offerings and store layout.

When 7-Eleven Learns (Through Sales Analysis) That Its Best-Selling Products