Which type of store carries a wide variety of product lines and differentiates itself through service, but has been squeezed between more focused and flexible specialty stores on the one hand and more efficient, lower-priced discounters on the other?
Answers
Explanation:
Full-service wholesalers; limited-service wholesalers
Power centers; independent wholesalers
Branches; office
Brokers; agents
Independent wholesalers; off-price retailers
End of Question 1
Question 2.
________ are the largest group of wholesalers. The group can be divided into the two broad types of full-service and limited-service.
Merchant wholesalers
Manufacturer sales
Specialty wholesalers
Agents
Brokers
End of Question 2
Question 3.
________ buy mostly from producers and sell mostly to retailers and industrial consumers.
Factory outlets
Megaretailers
Wholesalers
Independents
Discount stores
End of Question 3
Question 4.
________ carry narrow product lines with deep assortments within those lines.
Chain stores
Off-price stores
Discount stores
Convenience stores
Specialty stores
End of Question 4
Question 5.
________ includes all the activities involved in selling products or services directly to final consumers for their personal, nonbusiness use.
Franchising
Disintermediation
Wholesaling
Retailing
Brokering
End of Question 5
Question 6.
________ is the basis of all discount operations and is typically used by sellers of convenience goods. Retailers offering this level of service require customers to perform their own "locate-compare-select" process in order to save money.
Full-service
Wholesale
Limited-service
Self-service
Specialty-service
End of Question 6
Question 7.
________ may include in-store demonstrations, displays, contests, and visiting celebrities.
Agent promotions
Broker promotions
Franchises
Sales promotions
Product life-cycling
a wide variety of product lines and differentiates itself through service, but has been squeezed between more focused and flexible