p 317 Prices in vending machines see Figure 14 3 above tend to be higher

P 317 prices in vending machines see figure 14 3

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114.(p. 317)Prices in vending machines (see Figure 14-3 above) tend to be higher because A. machines are placed in high demand areas.B.maintenance and operating costs are high.C. only small unit volume items are sold.D. customary pricing requires certain coin amounts regardless of markup.E. most people do not buy from vending machines. Machine maintenance, location leases, and operating costs can add to the cost of the products, so prices in vending machines tend to be higher than those in stores. AACSB: Analytical Bloom's: Comprehension Difficulty Level: Medium Learning Objective: 14-03 Describe the many methods of nonstore retailing. Level of Learning: Comprehension Topic: Automatic Vending 14-156
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Chapter 14 - Retailing and wholesaling 115.(p. 317)About 48 percent of the products sold from vending machines are _________. About 48 percent of the products sold from vending machines are cold beverages, another 19 percent are candy and snacks, and 10 percent is food. AACSB: Analytical Bloom's: Comprehension Difficulty Level: Medium Learning Objective: 14-03 Describe the many methods of nonstore retailing. Level of Learning: Comprehension Topic: Automatic Vending 116.(p. 317)Which form of retailing is Best Buy using in airports to distribute its cell phone andcomputer accessories, digital cameras, flash drives, and other consumer electronics? Best Buy now uses vending machines to sell cell phone and computer accessories, digital cameras, flash drives, and other consumer electronics products in airports. AACSB: Analytical Bloom's: Comprehension Difficulty Level: Medium Learning Objective: 14-03 Describe the many methods of nonstore retailing. Level of Learning: Comprehension Topic: Automatic Vending 14-157
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Chapter 14 - Retailing and wholesaling 117.(p. 317)The 11.5 million vending machines currently in use generate more than __________ in annual sales. The 11.5 million vending machines currently in use in the United States generate more than $46 billion in annual sales. AACSB: Analytical Bloom's: Comprehension Difficulty Level: Medium Learning Objective: 14-03 Describe the many methods of nonstore retailing. Level of Learning: Comprehension Topic: Automatic Vending
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  • Fall '11
  • OBRIEN
  • d., B., c., E., online retailers

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