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Reinforce knowledge of Retail Revolution Flashcards | StudBud
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Reinforce knowledge of Retail Revolution
Reinforce knowledge of Retail Revolution
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Questions
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Answers
1
What is the title of the topic that we have been exploring?
AI in the Retail Industry
Retail Reform
The Retail Revolution
Retail Changes
2
Who does Marketing affect and why?
Retail businesses - competitive, improve efficiency,meet changing demands
Customers - solve specific problems or improve lives
Customers - solve specific problems or improve lives
Retail businesses - competitive, improve efficiency,meet changing demands
3
What are the 2 main Social Studies Concepts that apply to our topic?
Change & Responsibility
Social Justice & Rights
Responsibility & Roles
Society & Change
Society & Responsibility
Rights & Culture
4
Who has a negative PoV about the change?
Andrew Ng
Eliezer Yudkowsky
Michael Witbrock
5
Who does Developing Technology affect and why?
Retail businesses - competitive, improve efficiency,meet changing demands
Customers - solve specific problems or improve lives
Retail businesses - competitive, improve efficiency,meet changing demands
Customers - solve specific problems or improve lives
6
How are retail businesses affected by the change?
Loss Prevention and Fraud Protection
Efficient Inventory Management
Enhanced Customer Service
Personalised Customer Experiences
7
What are the 2 processes that led to the change?
Consumerism
Developing Technology
Marketing
Artificial Intelligence
8
What is the cultural change?
AI being used by customers
The way that consumers can shop and how this has changed retail businesses
Bespoke customer experiences
AI being used in businesses
9
What are the names of the 3 people who's PoVs we have looked at?
Michael Whitbrock
Michael Witbrock
Andrew Nu
Andrew Ng
Eliezer Yudcowski
Eliezer Yudkowsky
10
Who has a positive PoV about the change?
Michael Witbrock
Andrew Ng
Eliezer Yudkowsky
11
Who are the 2 groups affected by the change?
Businesses and Consumers
Consumers and Supermarkets
Customers and Businesses
Retail Business and Consumers
12
How are consumers/customers affected by the change?
Enhanced Customer Service
Loss Prevention and Fraud Protection
Efficient Inventory Management
Personalised Customer Experiences
