Some grocery stores collect data on competitive prices
A)by calling their competitors.
B)on a quarterly basis.
C)through stores' purchase data.
D)from their resellers.
E)by using comparison shoppers.

Question

Quizplus · Accepted Answer

Using comparison shoppers is the best way for grocery stores to collect data on competitive prices as it involves physically visiting the competitors' stores and recording the prices. This method provides the most accurate and up-to-date information compared to other options such as relying on third-party data, which could be outdated or incomplete.

Some Grocery Stores Collect Data on Competitive Prices