A major characteristic of a retail information system is ________.
A) its low cost
B) the use of competitor data
C) the use of verified data from government sources
D) its continuous nature

Question

Quizplus · Accepted Answer

A major characteristic of a retail information system is its continuous nature. This means that it operates constantly and provides up-to-date information about sales, inventory, and customer behavior. The system can gather data from a variety of sources, including point-of-sale terminals, online transactions, and customer surveys. The system is typically customized to meet the specific needs of the retailer and is designed to help managers make informed decisions about pricing, inventory management, and marketing strategies. The system may also include features for gathering competitor data and verifying information from government sources, but these are not the primary characteristics of the system. Cost is a consideration, but it is not necessarily a defining feature of the system.

A Major Characteristic of a Retail Information System Is ________