Which of the following consumer requirements has been most enhanced by direct channel contact with customers?
a. customization
b. assortment
c. entertainment
d. information
Question 2For most retailers, the limited amount of space in their store is a constraining factor on their optimal merchandise mix.
Indicate whether the statement is true or false
Question 3Whenever possible, begin the sales presentation with, May I help you?
Indicate whether the statement is true or false
Question 4Less than 60 percent of all retailers have a written mission statement.
Indicate whether the statement is true or false
Question 5Gray marketing is when counterfeit merchandise flows through unauthorized channels.
Indicate whether the statement is true or false
Question 6Online travel agents such as Expedia are an example of channel ___________.
a. conflict
b. intermediaries
c. support
d. compensation
Question 7The optimal merchandise mix will be the same for every store.
Indicate whether the statement is true or false
Question 8The sales presentation is the first step in the retail selling process.
Indicate whether the statement is true or false
Question 9Success for all retailers, large and small, is generally a matter of good planning and the implementation of the plan.
Indicate whether the statement is true or false
Question 10Domain disagreements occur when there is disagreement about which member of the marketing channel should lead the channel and make the decisions.
Indicate whether the statement is true or false
Question 11Consumers who abandon their online shopping carts automatically mean a lost sale for Internet retailers.
Indicate whether the statement is true or false