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Single-price retailers, such as the dollar store, are examples of a. Discount stores c. Specialty ...
blah678
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Single-price retailers, such as the dollar store, are examples of a. Discount stores c. Specialty ...
Single-price retailers, such as the dollar store, are examples of
a. Discount stores c. Specialty stores
b. Off-price retailers d. All of the above
Question 2
Consumers are highly motivated to conduct an external search when:
A) they are uncertain about which brand is the best.
B) their consideration sets contain only one or two brands.
C) they do not face risky decisions.
D) they evaluate services rather than products.
E) its perceived benefits are low relative to its costs.
Question 3
Which of the following items is least likely to be purchased in the case of cocooning?
a. DVDs
b. Frozen dinners
c. Concert tickets
d. Home entertainment system
Question 4
Using a RFID system, if supplier quality and lead times are reliable, planners can time the arrival of components just before production of the final part number.
a. True
b. False
Indicate whether the statement is true or false
Question 5
One of the concerns about the security of shopping on the Internet is:
a. Fast delivery of products.
b. Privacy of information.
c. Buying from unknown firms.
d. Downloading free software.
e. Violating copyright laws.
Question 6
Shortening the material pipeline in terms of time between suppliers and a buyer can reduce the average amount of inventory in a system.
a. True
b. False
Indicate whether the statement is true or false
Question 7
This type of retailing is popular in the United States and Canada, but not in the rest of the world.
a. Hypermarkets c. Specialty stores
b. Off-price retailers d. Discount stores
Question 8
Which of the following statements is true of an experiential search?
A) It is not used for hedonic products and services.
B) It involves getting advice from friends, relatives, neighbors, and coworkers.
C) It increases when a consumer's knowledge is higher and involvement is lower.
D) It is the least used form of external search.
E) It involves using product samples or service trials.
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SDEAN2319
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Answer to #1
B
Among examples of off-price retailers are single-price retailers.
Answer to #2
A
Answer to #3
C
Answer to #4
FALSE
Answer to #5
C
Answer to #6
TRUE
Answer to #7
B
Although this type of off-price retailers are popular in the United States and Canada, in the rest of the world, there are only limited possibilities, other than store sales, for purchasing brand names at a discount. For example, Hugo Boss has an outlet store in Southern Germany, close to its factory, near Stuttgart, and Zurich has a famous designer outlet mall; Italy also has a few outlet stores for its famous designers. None of these examples come close in depth and variety to the North American off-price retailer presence, but that is about to change, as more and more international consumers demand similar deals as the ones offered in the United States.
Answer to #8
E
This verified answer contains over 350 words.
1
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blah678
Author
wrote...
5 years ago
Thank you, thank you, thank you!
sweetalia
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Yesterday
Correct
TY
Tim0301
wrote...
2 hours ago
Good timing,
thanks!
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