Examine the market basket of goods or services they purchase over a six-to-twelve-month period and then calculate the margin on each basket, keeping track of discounts and price concessions.
FORBES: Calculating The Economics Of Loyalty
After all, why pay a manager when you could economically purchase an entire market basket and get better performance?
FORBES: Playing With Active Money Managment Is A Losing Game
Our basket contains just a single representative purchase, but one that is available in 120 countries: a Big Mac hamburger.
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