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RISE UP RETAIL INDUSTRY FUNDAMENTALS EXAM QUESTIONS WITH CORRECT VERIFIED ANSWERS A+ GRADED $9.99   Add to cart

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RISE UP RETAIL INDUSTRY FUNDAMENTALS EXAM QUESTIONS WITH CORRECT VERIFIED ANSWERS A+ GRADED

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products - ANS physical goods that you can buy and sell services - ANS things that you pay for--someone's expertise--they are intangible things retail - ANS the process of selling products and services to customers in order to earn a profit customers - ANS people who purchase goods...

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  • October 23, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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Studyclock
RISE UP RETAIL




K
INDUSTRY



C
LO
FUNDAMENTALS EXAM
QUESTIONS WITH
YC

CORRECT VERIFIED
D


ANSWERS A+ GRADED
U
ST

, products - ANS physical goods that you can buy and sell

services - ANS things that you pay for--someone's
expertise--they are intangible things




K
retail - ANS the process of selling products and services to




C
customers in order to earn a profit




LO
customers - ANS people who purchase goods and services from
a business

retail ecosystem - ANS an interconnected system of approaches
YC
designed to meet the goal of retail

goal of retail - ANS provide customers with the goods and
services they want--when, where, and how they want them
D


multichannel retail - ANS customers have many channels, but
U


the channels are not connected to one another
ST




omnichannel retail - ANS customers have many channels, and
the channels are connected using technology

manufacturer - ANS they produce or make finished products

wholesaler - ANS buys large quantities of products from the
manufacturer and then sells small quantities to retailers

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