Discount stores differ from off-price retailers in that discount stores ________

A) sell limited selections of designer labels at steep discounts
B) use e-commerce technologies to sell over the Internet
C) offer a limited range of convenience goods, long service hours, and quick checkouts
D) feature a wide variety of aggressively priced everyday merchandise
E) focus on specific products on a massive scale and dominate retail sales in respective products categories


Answer: D
Explanation: Discount stores feature a wide variety of aggressively priced everyday merchandise. Off-price retailers offer limited selections of higher-end products such as designer label clothing at steeply discounted prices.

Business

You might also like to view...

"Is the proposed action legal? If yes, does the proposed action maximize shareholder value? If yes, is the proposed action ethical? If no, would it be ethical to take the proposed action?" These four questions, which managers of all organizations should ask when confronted with a decision on an action, form the basis of

A. Maslow's hierarchy of needs. B. the stakeholder's value statement. C. Frank Gilbreth's code of ethical conduct. D. Bagley's ethical decision tree. E. the Sarbanes-Oxley Act of 2002.

Business

When a small stock dividend is declared and the market value exceeds the par or stated value of the shares, the excess of market value over par or stated value should be entered in which of the following accounts?

a. Stock Dividends. b. Stock Dividends Distributable. c. Paid-In Capital in Excess of Par. d. Capital Stock.

Business

Treating the taxes paid each year as an expense in the income statement could result in an inappropriate matching between pre-tax book income and income tax expense.

Answer the following statement true (T) or false (F)

Business

Generally, an increase in a current liability results in an increase in the operating activities category of the cash flow statement

a. True b. False Indicate whether the statement is true or false

Business