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Practice Quiz 5 (chapter 13)

C emphasize homogeneous shopping products d usually

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C. emphasize homogeneous shopping products. D. usually charge consumers an annual membership fee. E. All of the above are true. 6. The "wheel of retailing" theory says that: A. retailers go through cycles from high costs and prices to lower costs and profits. B. general stores will dominate U.S. retailing in the next century. C. new types of retailers enter as low-status, low-margin, low-price operators and eventually offer more services and charge higher prices. D. all of the above are true. E. none of the above is true. 7. Which of the following would be considered a retailing "category killer"? A. Office Deport (office supplies) B. PayLess (drugstores) C. Lowe's (home improvements) D. B. Dalton (books) E. all of the above 8. Some differences between online and in-store customers include: A. In-store customers can usually inspect and immediately use the product. B. Online customers are usually younger, better educated, and more upscale. C. In-store customers usually get better customer service. D. Online customers usually have better access to comparative information about products. E. All of the above. 9. Truck wholesalers: A. usually sell perishable products that other wholesalers prefer not to carry. B. don't own the products they sell. C. usually sell in large quantities, e.g., truckloads. D. don't stock the products they sell. E. All of the above.
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10. Wholesaling is concerned with the activities of: A. manufacturers who set up branch warehouses at separate locations. B. persons or establishments that sell to industrial, institutional, and commercial users.
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C emphasize homogeneous shopping products D usually charge...

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