How can working with vendors reduce the number of markdowns?
What will be an ideal response?
Vendors have a partnering relationship with their retailers and thus a vested interest in their success. Vendors are knowledgeable of the market and competition and can help with stock selection. Retailers also work closely with vendors to coordinate deliveries and help share the financial burden of taking markdowns.
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April and Cammy are partners who have agreed to admit Elena, who will invest $30,000 for a 20 percent interest. The previous capital balances were $30,000 and $60,000 for April and Cammy, respectively. April and Cammy had shared profits equally. What amount will be recorded in Elena's Capital account?
A) $12,000 credit B) $24,000 credit C) $30,000 credit D) $18,000 credit
At what stage are business plans usually created?
a. at the onset of the business idea b. after the feasibility study and pitch deck c. after the business model but before the feasibility study d. after the business model but before the pitch deck.
At least in theory, Congress can regulate every commercial enterprise in the United States
a. True b. False Indicate whether the statement is true or false
Which of the following gives the marketer an opportunity to demonstrate the product in an environment where it most likely would be used?
A. Catalog marketing B. Direct-response marketing C. Direct selling D. Television home shopping E. Online retailing