_________________________ are large specialty stores that carry a narrow variety of merchandise and a deep assortment.
Fill in the blank(s) with correct word
Question 2Metacognitive experiences affect decisions beyond formal knowledge by influencing retrieval ease, inferences, and biases.
Indicate whether the statement is true or false
Question 3Which of the following is not one of the policies used to improve design simplification and reduce complexity?
a. Increase the number of suppliers.
b. Establish premium pricing for customization.
c. Establish geographic-specific options and standards.
d. Do not eliminate frequently requested options.
e. Utilize business modeling and TCO tools to support complexity reduction decisions.
Question 4As it pertains to the motivation of franchisees, which statement is generally false?
a. Communications between franchisors and franchisees is one-way, performance data that flows from the franchisee to the franchisor.
b. Communications between franchisors and franchisees is two-way, performance data that flows from the franchisee to the franchisor, and information about franchisee needs and problems that flows back to the franchisor
c. The franchisor needs to be aware of the limits of his/her response to franchisee needs imposed by the franchise agreement.
d. Franchisors have limited flexibility to respond to each franchisee issue and problem owing to the nature of the franchise agreement.
e. The franchisor's responses are constrained by the programmed business format and the franchise agreement.
Question 5The all-purpose category is dominated by stores such as Wal-Mart and K-Mart in the U.S. Internationally, this retailer category tends to draw a substantial portion of profits from its ____________________ section.
Fill in the blank(s) with correct word
Question 6Present-oriented consumers want to develop themselves and select life-enriching vacations and books.
Indicate whether the statement is true or false
Question 7Which of the following is not one of the benefits of simplified designs?
a. Fewer suppliers.
b. Increased number of manual transactions.
c. Reduced transactions to support the inventory.
d. Fewer part numbers.
e. Lower inventory management costs.
Question 8How does the motivation of franchise channel members differ from the motivation of channel members in conventional channels?
a. Unlike conventional channel management, the motivation of franchise channel members is unnecessary.
b. The motivation of franchise channel members addresses support and assistance for known problems.
c. The motivation of franchise channel members requires leadership on a continuing basis.
d. The motivation of franchise channel members is the same as in conventional chan-nels.
e. The motivation of franchise channel members has less to do with cooperation and partnerships than in conventional channels.
Question 9_________________________ stores sell high volumes of merchandise, offer limited service, and charge lower prices.
Fill in the blank(s) with correct word
Question 10Adding information actually makes imagery processing complicated because more information makes it difficult for consumers to form an accurate image.
Indicate whether the statement is true or false