When using FOB destination, the vendor pays the freight and the buyer takes title at the ...

When using FOB destination, the vendor pays the freight and the buyer takes title at the manufacturer's factory.
 
 Indicate whether the statement is true or false

Question 2

High shrinkage:
 a. means the store is operating at a loss.
  b. can be easily tracked.
  c. means the store's turnover rate is too high.
  d. detracts from space productivity.
  e. is anything above .5 percent.

Question 3

A strategy is a carefully designed plan for achieving the retailer's goals and objectives.
 
 Indicate whether the statement is true or false

Question 4

_____ price fixing occurs when a retailer collaborates with the manufacturer or wholesaler to resell an item at an agreed upon price.
 a. Deceptive
  b. Horizontal
  c. Vertical
  d. Negotiated
  e. Coordinated

Question 5

Online closeout sites risk cannibalizing regular channel sales.
 
 Indicate whether the statement is true or false

Question 6

The shipping arrangement whereby the vendor pays all transportation costs is called FOB shipping point.
 
 Indicate whether the statement is true or false

Question 7

Which of the following refers to merchandise that cannot be sold because of theft, loss, and damage?
 a. Miscellaneous
  b. Unaccounted for
  c. Shrinkage
  d. Grossed
  e. Lost