Check your knowledge

Completed

Answer the following questions to see what you learned.

1.

What tool do you use to access the reports and data that are related to the Frequently bought together feature?

Microsoft Power BI

Microsoft Excel

Microsoft Teams

Microsoft Word

2.

How does the Frequently bought together feature help you contribute to enhancing the shopping experience?

By increasing prices on popular items

By reducing product variety

By streamlining the search process

By limiting purchase options

3.

How does the Frequently bought together feature help with inventory management?

By reducing shelf space

By increasing stock levels

By optimizing stocking of related items

By limiting product variety

4.

How does the Frequently bought together model contribute to increasing the average basket value in retail stores?

By reducing the number of available products for purchase

By recommending more items to customers based on their purchase history

By implementing strict purchasing limits for customers

By increasing employee training on upselling techniques

5.

In what way does the Frequently bought together model support cross-promotion efforts in retail stores?

By limiting the availability of certain products

By suggesting complementary items to customers to encourage people to buy more.

By increasing store operating hours

By implementing a strict no-return policy

You must answer all questions before checking your work.