Why is a membership number crucial in the sale process?

Transaction Process and Membership Management

Interactive Video
•
Business
•
9th - 10th Grade
•
Hard

Olivia Brooks
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It reduces the need for collecting redundant data.
It helps in identifying the customer's preferences.
It allows customers to receive discounts.
It is used to track customer complaints.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main reason for using a membership card during a sale?
To offer loyalty points
To speed up the transaction process
To ensure customer satisfaction
To provide personalized recommendations
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of electronic funds transfer (EFT) in a sale?
To transfer funds from the customer's account to the store.
To verify the customer's identity.
To provide customers with a receipt.
To update the store's inventory.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens if a transaction is not approved by the bank?
The customer receives a discount.
The transaction is canceled.
The store offers a credit note.
The customer is asked to provide additional details.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of data is updated in the central database during a sale?
Stock and loan details
Employee schedules
Store opening hours
Customer feedback
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT updated in the central database during a sale?
Loan details
Stock details
Member's borrowing history
Customer's personal preferences
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do barcodes assist in the transaction process?
They help in tracking borrowed items.
They are used to verify customer identity.
They update the store's promotional offers.
They provide discounts to customers.
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