What Major themes that can be addressed in lectures or class discussions
What will be an ideal response?
? The factors that drive the growth of retail enterprises
? Critical success factors in retailing
? Appropriate strategic frames of reference (chapter 1) for retail enterprises
? Strategy implementation: organizational design issues (‘retail is detail’)
? Leadership and succession issues
? Implementing strategic change: transaction, strategic drift and transformation
? The pros and cons of retail mergers
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Odonnel Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $36,000, variable manufacturing overhead of $2.80 per direct labor-hour, and 10,000 direct labor-hours. The estimated total manufacturing overhead is closest to:
A. $36,000 B. $64,000 C. $28,000 D. $36,003
The purchase of out-of-season goods, manufacturer overruns, or cancelled orders by a closeout retailer illustrates _____
a. inspection buying b. channel power c. opportunistic buying d. scrambled merchandising
When a seller keeps the goods for pickup, if the seller is not a merchant, the risk of loss passes to a buyer on tender of delivery
Indicate whether the statement is true or false
Statements of fact made during the bargaining process are express warranties
Indicate whether the statement is true or false