Which of the following statements about single- and limited-line stores is true?
A. Most conventional retailers are single- or limited-line stores.
B. They usually believe in a "buy low and sell high" philosophy.
C. Many are small, with high expenses relative to sales.
D. Such stores face the costly problem of having to stock some slow-moving items in order to satisfy their target markets.
E. All these answers are correct.
Answer: E
You might also like to view...
The pound shows a forward discount against the dollar (the forward rate is less than the spot rate) when
a. interest rates in the United Kingdom are higher than those in the United States. b. interest rates in the United Kingdom are lower than those in the United States. c. real GDP is higher in the United Kingdom than in the United States. d. real GDP is lower in the United Kingdom than in the United States.
Underapplied factory overhead that is material in amount is closed to ??????????????????????????????? ??????????????????????????????? and ?????????????????????????????? at year end
Captain Stubing runs the LP model associated with the scenario and reads the following about the variable cells in the Excel sensitivity report. Provide an interpretation
Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $B$2 Bar 12 0 1500 1560 1E+30 $C$2 Food 12 0 5000 1660 1E+30 $D$2 Excursion 24.24 0 17000 1E+30 3458.33333
____ is the process of accomplishing an organization’s objectives by acquiring, retaining, developing, and properly using its human resources.
a. Employee development b. Human resource management c. Human resource planning d. Personnel selection