_____ stores are stores in a shopping center that are most dominant and are expected to draw customers to the shopping center.
a. Gravitational
b. Power
c. Anchor
d. Mega
e. Critical mass
Question 2An advantage of the early markdown policy is that it allows the retailer to replenish lower-priced lines from the higher-priced ones that have been marked down.
Indicate whether the statement is true or false
Question 3An important trend that has resulted in a shift to more collaborative relationships with
suppliers, employees, and customers is:
a. a whole system approach.
b. increased one-on-one conflict resolution.
c. increased distribution of handbooks/manuals.
d. expansion of the one-to-many model.
e. improved and lower cost of telecommunication.
Question 4Secondary markets have become attractive to retailers because, among other factors, they have lower labor costs.
Indicate whether the statement is true or false
Question 5The single factor that distinguishes business districts from shopping centers/malls is that business districts:
a. have a more balanced tenancy.
b. tend to dictate to retailers their operating hours.
c. tend to do more cooperative planning and have more sharing of common costs.
d. are usually unplanned.
e. have a greater diversity of retailers.
Question 6Markdowns taken early speed the movement of merchandise, and also generally enable the retailer to take less of a markdown per unit to dispose of the goods.
Indicate whether the statement is true or false
Question 7Which of the following is an example of an operand resource?
a. Store merchandise.
b. Employee's skills.
c. Employee's knowledge.
d. Balance sheets.
e. Target market segments.
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