The information needs of retail managers are collected,organized,and stored on a continuous basis in _____.
A)observation
B)retail research
C)an experiment
D)a retail information system

Question

Quizplus · Accepted Answer

The most appropriate answer is D as retail managers' information needs are continuously collected, organized, and stored in a retail information system (RIS). The RIS uses technology to gather, store, analyse, and distribute data relevant to the retail market, including sales and inventory data, market trends, and customer information. The information is organized in a way that helps managers make informed decisions regarding inventory, pricing, merchandising, and other critical areas of retail operations. A is incorrect as observation alone cannot provide a continuous and comprehensive storage of information. B is less appropriate as retail research is a part of RIS. C is incorrect as an experiment is not a practical method for continuous collection and storage of retail information.

The Information Needs of Retail Managers Are Collected,organized,and Stored on a Continuous