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
c
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If the drawee of a draft refuses to pay the instrument, it is dishonored
Indicate whether the statement is true or false
A manager at Dillard's discovers that JCPenney has reduced the price of its children's Levi's from $31.99 to $24.99, according to an advertisement in the Sunday newspaper. She immediately phones her store and instructs the salesperson on duty to put a sign up next to their children's Levi's that reads, "SALE: $24.99." This is an example of what pricing strategy?
A. Secondary-market pricing B. Periodic discounting C. Reference pricing D. Random discounting E. Comparison discounting
A legitimate seniority system is legal even if it perpetrates past discrimination
Indicate whether the statement is true or false
Outsourcing suppliers can often provide economies of scale, especially for hardware and software, that may not be available to the client alone. Which of the following benefits does this offer an organization?
a. Reduction in fixed and recurrent costs b. Increased flexibility c. Increased accountability d. Access to specific skills