FashionMart, a brick-and-mortar clothing retailer, offers free Wi-Fi in its stores and urges customers to launch its app when entering the store to view additional sales and loyalty credits. Which of the following best applies to this scenario?
A. Both webrooming and showrooming involve the use of mobile devices in-store.
B. Multichannel shopping causes problems for retailers.
C. Online retailers are opening physical spaces.
D. Smartphones are the newest shopping channel.
E. Large brick-and-mortar stores offer a larger product assortment in-store to entice customers to shop there.
Answer: D
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Discuss the important factors to consider in deciding where to incorporate a business.
What will be an ideal response?
Of the four stages of the conflict process illustrated in the textbook, which element below was not included?
a. Antecedent of conflict b. Discern conflict c. Manifest conflict d. Outcomes of conflict
The inventory management costs for a certain product are S = $8 to order, and H = $1 to hold for a year. Annual demand is 2400 units. Consider the following ordering plans:
(a) order all 2400 at one time, (b) order 600 once each quarter, and (c) order 200 once each month. Calculate the annual holding and setup costs associated with each plan. (d) Is there another plan, cheaper than any of these? Calculate this order quantity along with its total annual holding and setup costs.