Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. how can consumer data identify business trends?

How can Consumer Data identify business trends?

70.2K

Verified Solution

Question

Finance

How can Consumer Data identify business trends?

Answer & Explanation Solved by verified expert
3.5 Ratings (252 Votes)
Solution Consumer data in todays world is one of the most important assets for any industry By studying consumer data the business houses with funds identify the areas in which the organisation can venture and create a product as per the consumer demand Consumer data consists of how the customers or clients of any business is consuming its goods or services and it also    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

How can Consumer Data identify business trends?

Other questions asked by students

Q

Construct a balance sheet for Sophie’s Sofas given the following data: Cash balances = $ 15,000 Inventory of...

Finance
Q

Why do ions have a difficult time getting through plasma membranes despite their small size? How...

Biology
Q

Using the glyoxylate cycle and other necessary enzymes and co-enzymes, write a balanced equation for the...

Biology
Q

Assume that a normal distribution has a mean of 20 and a standard deviation of...

Basic Math
Q

Use the bootstrap distributions in Figure 1 to estimate the value of the sample statistic...

Statistics
Q

King City Council will be establishing a library fund. Library fees are expected to cover...

Accounting
Q

Under what circumstances is it advantageous for a taxpayer to make a nondeductible...

Accounting
Q

The Greensboro Performing Arts Center (GPAC) has a total capacity of 7,900 seats:...

Accounting
Q

and way Company purchased merchandise inventory with an invoice price of $12,000 Days wtht terms...

Accounting
Q

More info Fixed manufacturing overhead costs account for 40% of the cost of goods, while...

Accounting
Q

Intuit Software Return No. 7 America Los Rios (age 40-dob 3/09/1979) is a single taxpayer...

Accounting
Q

Ramsey Corporation acquired a machine (7-year property) on December 31, 2017, at a cost of...

Accounting