Which statement concerning retail information systems is not correct?

a. Developing and updating a retail information system in an ongoing process.
b. Developing a retail information system is generally simple.
c. Data is continuously collected and stored in a retail information system.
d. Retailers typically spend from 0.5 to 2.0 percent of their sales on their retail information system.


b

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________ refers to mistake-proofing methods aimed at designing fail-safe systems that minimize human error

Fill in the blanks with correct word

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Cheesy Pizza Company contracts to sell 1,000 cases of frozen pizzas to Roller Rinks, Inc., but refuses to deliver. Due to a spice shortage, Roller Rinks cannot obtain pizza elsewhere. Roller Rinks's right to recover the goods from Cheesy is the right of

A. cover. B. cure. C. replevin. D. specific performance.

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To ensure that the database is designed correctly, an important member of the project team is the data administrator

a. True b. False Indicate whether the statement is true or false

Business

The risk-free interest rate in the United States is 8%, while the risk-free interest rate in the United Kingdom is 15%. If the 1-year futures price on the British pound is $2.40, the spot market value of the British pound today should be __________.

A. $1.93 B. $2.22 C. $2.56 D. $2.76

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