Give one example of a retailer that uses stand-alone stores as opposed to stores located in malls. Why do you think retailers opt for this channel?
What will be an ideal response?
Student answers may vary.
Retailers may opt for standalone stores so that they are not associated with other retailers. It can avoid competition from conflicting attractions in a mall. Customers will be less motivated to check other options available at other retailers. Stand-alone stores may give a retailer an upscale image and prevent dilution of the brand identity.
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The written document submitted by a person who has been authorized by a shareholder to vote the shareholder's shares at the shareholders' meetings in the event of the shareholder's absence is known as the ________
A) record date B) notice of the shareholder's meeting C) certificate of authority D) proxy
Clear Creek Corporation enters into a contract with Brightside Management Associates to manage and maintain Clear Creek's apartment complex. Their contract provides that neither party can recover damages for a non-fraudulent or unintentional breach. This is
A. a limitation-of-liability clause. B. an exculpatory clause. C. a liquidated damages clause. D. a quasi contract.
What is meant by the option-adjusted spread?
What will be an ideal response?
The managerial successor typically is not interested in
a. efficiency. b. internal control. c. effective use of resources. d. creativity.