MKTG 3335 C2 quest.docx - Chapter 2 1 Which of the...

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Chapter 2 1. Which of the following statements best defines a warehouse club? a. They are retailers that offer a limited and irregular assortment of food and general merchandise with little service at low prices 2. Which of the following is a third tier department store? a. JCPenny 3. What type of store is TJMaxx considered to be? a. Off-price retailer 4. Due to the _____ of services, service retailers like Universal Studios Theme Parks, Delta, and Applebee's restaurants, sometimes, find it difficult to match supply and demand. a. Perishability 5. _____ are products that have minor blemishes to the fabric or errors in the construction a. Irregulars 6. _____ are end-of-season merchandise that will not be in the manufacturer's offerings going forward. a. Close-outs 7. Which of the following types of general merchandise retailers is called as dollar stores? a. Extreme-value retailers 8. Which of the following statements is TRUE about warehouse clubs?
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