An off-price retailing operation that is owned and operated by a manufacturer and normally carries the manufacturer's surplus, discontinued, or irregular goods is called a ________
A) category killer
B) factory outlet
C) specialty store
D) superstore
E) warehouse club
B
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Horizontal price fixing occurs when:
A) A manufacturer requires its independent dealers to sell its products at a given price. B) One or more companies charge the same prices for goods at all their stores for an unreasonable length of time. C) A company with the entire market on a patented product sells the product at a fixed price. D) Prices are determined with reference to an index, such as the average price of crude oil, which neither the seller nor a purchaser can control. E) Two or more competing companies agree on the prices to charge for their products.
A pluralistic organization is best defined as an organization that
A. has a diverse employee population. B. fully integrates minority group members both formally and informally. C. has the most synergistic environment. D. has no cultural integration. E. explicitly supports discrimination and prejudice.
Which of the following statements is true of the economic environment of a business?
A. It is affected by customer satisfaction. B. It reduces the hassles associated with acquiring manpower. C. It is affected by corruption. D. It prevents customers from turning into loyal advocates.
During classification in data mining, a false positive is an occurrence classified as true by the algorithm while being false in reality
Indicate whether the statement is true or false