____________________ retailers sell overruns, irregular products, as well as products from previous ...

____________________ retailers sell overruns, irregular products, as well as products from previous seasons.
 Fill in the blank(s) with correct word

Question 2

Judgment is a(n) _____ the decision-making process.
 A) major outcome of
  B) critical input into
  C) minor outcome of
  D) affective feed into
  E) estimate of the success of

Question 3

All of the following action support reduced order-cycle time with suppliers except _____.
 a. expanded global sourcing
 b. expanded electronic capability
 c. supplier development support
 d. order-cycle time measurement
 e. focus on second- and third-tier suppliers

Question 4

Which two factors are especially relevant in the scope and frequency of franchisee evaluations by franchisors?
 a. Degree of control and importance of channel members
  b. Importance of channel members and nature of product
  c. Nature of product and number of channel members
  d. Number of channel members and degree of control.
  e. Number of manufacturers in the industry.

Question 5

____________________ retailers sell brand-name and designer merchandise below regular retail.
 Fill in the blank(s) with correct word

Question 6

When the option to see pricing information is presented with the higher price first, consumers are more likely to choose the lower priced option.
 
 Indicate whether the statement is true or false

Question 7

According to the APICS Dictionary, _____ is defined as the process of a supplier placing goods at a customer location without receiving payment until after the buyer uses the goods.
 a. Kanban
 b. Just-in-time
 c. Consignment
 d. MRO
 e. None of the above.

Question 8

Regarding the interfaces between channel management and other marketing mix variables that exist in franchise channels, which statement is most accurate?
 a. The implementation of marketing mix variables in franchise channels is less fluid and flexible than in conventional channels.
  b. Strategies related to marketing mix elements can be easily modified in franchise channels.
  c. The Internet has enhanced franchise marketing.
  d. There are no differences between managing marketing mix elements in franchise channels versus conventional channels.
  e. In franchise channel management, the nature of the product is the main determinant of marketing mix elements.