An advantage to a retailer's using retailer-generated credit cards is _____
a. no bad debt
b. low retailer startup costs
c. the development of store loyalty
d. rapid cash flow
d
You might also like to view...
Which of the following is most likely to be considered when using a cost-based pricing strategy?
A) price sensitivity in the market B) company product-price positioning C) competitors' product-price positioning D) customer performance needs E) desired profit margin
Effective sales managers set a good example and possess characteristics of both structure and consideration
Indicate whether the statement is true or false
In a skill-based structure:
A. managers focus on providing training rather than promoting B. employees are paid for their assigned jobs, regardless of the knowledge they possess C. employees seek promotions to earn more pay rather than enhancing their knowledge D. managers control costs via pay for job rather than certification E. individuals are paid only for those certified skills that are required to perform their job
Which of the following statements is false in relation to choosing a supplier?
A. Purchasers should consider price, quality, and reliability when choosing a supplier. B. Purchasers should always be on the lookout for new suppliers. C. Purchasers should ensure that the credit terms a supplier offers are agreeable to their company. D. Purchasers should consider the quality of life for employees and management in the proposed location. E. Purchasers should focus on having only one supplier for each material needed.