User Account

All Pages

What are risks associated with given types of loyalty cards

Assignment Help Accounting Basics
Reference no: EM132717820

Question: The Tesco case was discussed in the Week 2 Interactive Tutorial.

Companies like Tesco gather a massive amount of data through different loyalty card programs. Typically, the shoppers fill out an application form in the shop and receive a plastic card and a key fob* in the mail that is scanned before they make a purchase. In this way, the companies gather massive amounts of data about their customers' millions of purchases each week. From a company perspective, this is the sales data which plays an essential role in the accounting information system. Then, the data analysts of these companies analyse these sales data and turn it into useful information.

Required: a) How can this information be used to get a competitive advantage?

b) What else can these companies accomplish from this collected data?

c) What are the risks associated with these types of loyalty cards?

Reference no: EM132717820

Questions Cloud

Explain the different types of reports that are used : Accounting reports are a matter of necessity. Elaborate and explain the different types of reports that are used for the internal management of an enterprise.
Fidn what is net income for may : Provided $580 of piano lessons on account. Assuming that the company uses cash basis accounting, what is net income for May?
Why determination of materiality matter of auditor judgement : Explain why determination of materiality is a matter of auditor judgment. Refer to both qualitative and quantitative materiality assessments.
Prepare a traditional format income or financial income : How do Prepare a traditional format income (financial income) statement for July. Variable administrative expense per unit $ 22
What are risks associated with given types of loyalty cards : What else can these companies accomplish from this collected data? What are the risks associated with these types of loyalty cards?
How do calculate the temporary differences for grand ltd : Calculate the temporary differences for Grand Ltd as at 30 June 2021. Justify your classification of each difference as either a deductible temporary
Determine the markup percentage on product cost : The total cost of $230 is made up of $120 variable cost and $110 fixed cost. The desired profit is $58 per unit. Determine the markup percentage on product cost
Evaluate storage and network configurations : Evaluate storage and network configurations & implementation of range of storage solutions to enable business continuity.
Determine the total cost that should have been recorded : On May 21, 2019, Christine worked 5.0 hours on Job A-1, and 3 hours on general "overhead activities." Christine is paid $14 per hour. Overhead is applied based.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd