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Off-price retailers specialize in having a consistent line of merchandise available at discount prices.

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Mira purchased some eyeliner from an Internet-based beauty supply house,and now she often receives online recommendations for other products from the same cosmetics line.These recommendations were probably the result of


A) the purchases she had made.
B) purchases other customers had made that day.
C) manufacturer clearances and overruns.
D) products she may have returned to the company.
E) items the retailer no longer carries.

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Retailing is where marketing


A) is replaced by personal selling.
B) meets the consumer.
C) meets corporate management.
D) sells itself to the corporation.
E) conducts all of its transactions.

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Which of the following strategies is designed to place products in as many outlets as possible?


A) intensive distribution
B) exclusive distribution
C) selective distribution
D) surplus distribution
E) contractual distribution

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Today,large retailers dictate to their suppliers what should be made.

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While it is relatively easy to offer customers Internet options like a FAQ page and an e-mail address to answer questions,some companies are using an interactive approach to address customers' questions while they are visiting the websites.These firms are using ___________ to provide the customer with enhanced customer service.


A) vendor-managed inventory
B) web videos
C) online chats
D) EDI
E) online games

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Today,retailers like Walmart,Home Depot,and Kroger dictate to their suppliers all of the following EXCEPT


A) which competitors they should collaborate with.
B) what should be made.
C) how products should be configured.
D) when products should be delivered.
E) what products should cost.

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You are a marketer working for a firm that manufactures a wide range of products.Many of your traditional retail outlets are cutting back on the number of products they stock in a store,and you are receiving complaints from customers who cannot find their favorite products.Your firm has developed an efficient operation that makes it possible to continue to expand the number of items you can offer customers.Which channel should be your focus,and why?

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The Internet channel,because w...

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Higher-income consumers visiting __________ feel like they are on a treasure hunt,searching for a bargain.


A) department stores
B) extreme value retailers
C) big box retailers
D) services retailers
E) category specialist stores

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Retailers address the conflict between consumers wanting or needing only one item and manufacturers wanting to produce and ship in quantity by providing


A) reciprocity.
B) simplicity.
C) discounting.
D) storage.
E) extreme value labeling.

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Name three kinds of food retailers and five kind of general merchandise retailers.

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Students may choose food retailers from ...

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Retailers that offer a broad variety of merchandise,limited services and low prices are known as


A) full-line discount stores.
B) convenience stores.
C) home improvement stores.
D) category specialists.
E) department stores.

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For brick-and-mortar retailers,when making decisions regarding "place," a key ingredient to success is


A) product placement promotion.
B) convenient locations.
C) private-label merchandise.
D) off-price placement.
E) customer relationship management.

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Gabriel was importing sweaters made from alpaca.They were exquisitely soft and extremely warm.Once a potential customer tried one on,it was almost always sold.Which channel should Gabriel select to reach his potential customers: store or Internet?

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The store channel,since the so...

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Bertone's Office Supplies has decided to branch out from its existing stores.It plans to start sending out a catalog,and also to sell its products online.Bertone's is adopting:


A) a multichannel strategy.
B) exclusive distribution.
C) selective distribution.
D) an extreme value strategy.
E) a service retailing philosophy.

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Which benefits of brick-and-mortar stores cannot be duplicated by the Internet channel?

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Stores benefit consumers in a different ...

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Of the following,the best example of a category killer is


A) Dollar General.
B) Staples.
C) Kohl's.
D) Target.
E) Costco.

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__________ offer a limited assortment of general merchandise at very low prices and are often found in lower-rent locations.


A) Department stores
B) Off-price retailers
C) Discount stores
D) Extreme value retailers
E) Category specialists

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Retailers use __________ to get customers into their stores.


A) in-store promotions
B) specialty product displays
C) supply chain relationships
D) off-price wholesaling
E) mass media advertising

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If you were a marketer who wanted to sell your product to very specific segments,what kind of general merchandise retailer would you select? Why would this be an advantage?

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Students should know that specialty stor...

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