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Retail Industry Fundamentals All Questions Answered CORRECTLY; Guaranteed pass! $11.99   Add to cart

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Retail Industry Fundamentals All Questions Answered CORRECTLY; Guaranteed pass!

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Retail Industry Fundamentals All Questions Answered CORRECTLY; Guaranteed pass! what kinds of things does a manufacturer produce? finished products which of the following holds a large quantities of product that are later sent either to retail locations or directly to customers? distribut...

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  • October 29, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • NRF
  • NRF
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JPNAOMISTUVIA
Retail Industry
Fundamentals All
Questions Answered




A
VI
CORRECTLY;

TU
Guaranteed pass!
IS
M

what kinds of things does a manufacturer produce?
O


finished products
A



which of the following holds a large quantities of product that are later sent either to
N



retail locations or directly to customers?
distribution center
JP




which of the following would NOT be a factor that affects which products a retailer
chooses to select to offer in a store?
employee preferences


what's the term that describes distributing merchandise from the manufacturer to a
retailers locations?
allocation

, what's the term for reducing the price of an item in order to encourage sales?
markdown


Which of the following is a term for physical goods that are bought & sold?
Products




A
Which of the following is a standard term that describes the audience of retail stores—




VI
that is, the people who will buy things from the stores?
Customers




TU
Which of the following is a term for intangible things, such as providing delivery, that are
sold by retailers?
Services
IS
Which of the following term best describes a grower of potatoes ?
Manufacturer
M
O

The majority of retailers are
independently owned
A



Which of the following is the term for the retailing approach that places the focus on
N




creating a seamless shopping experience for customers by integrating multiple
channels?
JP




Omnichannel


Approximately what percentage of US jobs are retail jobs as of 2019?
20-25%

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