According to the ________ hypothesis, new retailing forms often begin as low-margin, low-price, low-status operations to challenge established retailers, then become successful, and eventually take the place of the established retailers they had
challenged.
A) agent
B) broker
C) wheel-of-retailing
D) warehousing
E) retail life cycle
C
You might also like to view...
Which of the following circumstances is unlikely to increase the success of OD?
A. consideration of cross-cultural differences B. single intervention C. top management support D. goals geared to short-term results E. goals geared to long-term results
A measuring device that identifies what is actually happening in the process being controlled is a detector
Indicate whether the statement is true or false
The sorting process enables manufacturers to _____
a. increase their power in the channel of distribution b. specialize in one item or product line c. fulfill government grading requirements d. limit product distribution to the most profitable geographic areas
Consider the estimated aggregate demand for a company’s ski product line for the upcoming year in the following table. Calculate the number of workers required to meet the production level using level production strategy. The average number of hours required to produce a pair of skis is 8 hr; the number of worker hours per month is 160.
A. 180
B. 100
C. 240
D. 200