CIPS Commercial Data Management L6M7 Question # 16 Topic 2 Discussion

CIPS Commercial Data Management L6M7 Question # 16 Topic 2 Discussion

L6M7 Exam Topic 2 Question 16 Discussion:
Question #: 16
Topic #: 2

Jammy Nuts Ltd is a retailer of electronic components that are commonly used in kitchen appliances. It has a physical store, but 90% of its sales come through its website. For this reason, the CEO of Jammy Nuts is keen to use data to benefit the business. In what way can Jammy Nuts use the data collected to enhance business operations? Select ALL that apply


A.

To sell on to other companies


B.

To predict demand


C.

To influence purchasing behaviour of customers


D.

To increase profitability


E.

To reduce the costs of overheads


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