Some supermarkets are using customer tracking technology that
traces the flow of customers
through the shop. What are the benefits of using this type of
technology for supermarkets?
Many business organizations use customer tracking technology which is very useful in understanding consumer behavior and how the positioning of the products helps in gaining the attention of the consumers.
There are many benefits of using such type of technology such as:-
Some supermarkets are using customer tracking technology that traces the flow of customers through the shop....
The advanced tracking abilities of social media platforms and Customer Relationship Management (CRM) software allow companies to gather more personal data about customers than ever before. Personal customer data can help companies deliver highly relevant advertising and offers to consumers, but there has been a large public backlash against this type of extensive data collection. What are the implications of this extensive collection of personal data? Are the benefits for companies worth the risks? Is this kind of personal data...
At a certain coffee shop, all the customers buy a cup of coffee and some also buy a doughnut. The shop owner believes that the number of cups he sells each day is normally distributed with a mean of 310cups and a standard deviation of 21cups. He also believes that the number of doughnuts he sells each day is independent of the coffee sales and is normally distributed with a mean of 180 doughnuts and a standard deviation of 11....
1. In what way can technology play a role in the delivery of effective customer service? Explain. 2. What are some disadvantages of using technology for service delivery? 3. What are some advantages of using technology for service delivery?
Toyota wants to administer a satisfaction survey to its current customers using their customer database the company randomly selects 60 customers and ask them about their level of satisfaction station with the company what type of sampling is used
Increased use of technology for banking creates convenience for customers. What are some concerns associated with electronic banking activities?
to the next whole number The figure below details the process flow for two types of customers who enter Barbara's Boutique shop for customized dress alterations. After step T1, Type A customers proceed to step T2 and then to any of the three workstations at T3, followed by steps T4 and T7. After step T1, Type B customers proceed to Step T5 and then steps T6 and 17. The numbers in parentheses are the minutes it takes to process a...
Gene is a manager at a ski shop. He is responsible for planning, pricing, and promoting the store's ski equipment and clothing, and making them available to customers through distribution. What type of manager is Gene? Group of answer choices information technology manager marketing manager human resources manager production manager financial manager
At a certain coffee shop, all the customers buy a cup of coffee and some also buy a doughnut. The shop owner believes that the number of cups he sells each day is normally distributed with a mean of 320 cups and a standard deviation of 24 cups. He also believes that the number of doughnuts he sells each day is independent of the coffee sales and is normally distributed with a mean of 150 doughnuts and a standard deviation...
At a certain coffee shop, all the customers buy a cup of coffee and some also buy a doughnut. The shop owner believes that the number of cups he sells each day is normally distributed with a mean of 340 cups and a standard deviation of 21 cups. He also believes that the number of doughnuts he sells each day is independent of the coffee sales and is normally distributed with a mean of 150 doughnuts and a standard deviation...
to each incoming customer is assessed. Given the price (and delay) some customers do join in the queue, others walk away. Let us denote by λ(p) < 1 the effective rate of arrivals. The delay in the queue is D(λ(p)) 2A(p). A customer that opts-in has a surplus u-p-D(A(p)) > 0 u where v is the customer willingness to pay. a. Assuming t is uniformly distributed in 0 1 find a closed-form expression for λ(p) (hint: What condition holds true...