Monday, 27 April 2015

71 Free Test Bank for Retail Management A Strategic Approach 12th Edition by Berman 

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Which of these is not a characteristic that distinguishes retailing from other types of business?
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A retailer does generally not stock a broad selection of brands in which form of distribution?
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A manufacturer’s long-term sales potential is most limited in _____.
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Which of the following is not an element in the retailing concept?
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On average, what percent of every sales dollar goes to department store retailers as compensation for the activities they perform?
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Channel relations tend to be most volatile in which form of distribution?
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A strategic approach to the study of retailing stresses _____.
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A retail strategy can be best defined as _____.
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A retailer’s selling to consumers via store, catalog, and the Web illustrates _____.
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The first stage in development of a retail strategy should be to determine the retailer’s _____.
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Which statement concerning retailing is correct?
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An electronics retailer accomplishes a consumer’s one-stop needs through _____.
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All of the businesses and people involved in the physical movement and transfer of ownership of goods and services from producer to consumer constitute _____.
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In 2010, the three largest retailing companies (based on annual sales) in order of size (from the largest firm) were _____.
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How many million people are employed by traditional retailers in the United States?
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In exclusive distribution, suppliers _____.
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The identifiable, but sometimes intangible, activities undertaken by a retailer in conjunction with the basic goods and services it sells comprise the retailer’s _____.
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In 2010, the ten largest U.S. retailers earned average after-tax profits amounting to about _____ percent of sales.
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Which of the following distribution functions are generally not provided by retailers for their manufacturer/wholesaler suppliers?
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The sorting process refers to _____.
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An approach to the study of retailing that stresses activities such as buying, pricing, and personnel practices is a _____ approach.
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The retailing concept is comprised of _____.
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The total retail experience is best defined as _____.
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Suggestion selling, point-of-purchase displays, and attractive store layouts are used by retailers to _____.
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A manufacturer seeking to maximize its sales should utilize _____ distribution.
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According to the Department of Commerce, annual U.S. retail store sales are nearly _____.
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In relationship retailing, a retailer _____.
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Which one of the following is not a crucial element in Target’s overall retail strategy?
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Which of the following illustrates channel conflict between a manufacturer and its retailer customers?
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Channel relations are generally smoothest in which form of distribution?
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Which form of distribution balances channel cooperation with an increased opportunity for product sales?
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Which statement concerning customer service is correct?
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While some manufacturers specialize by producing one product, consumers generally favor retailers with extensive selections from many manufacturers. These divergent viewpoints can be reconciled through _____.
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