Compare and contrast when it is essential for a retailer to have good visibility and accessibility, and in which cases these attributes are less important.
What will be an ideal response?
Good visibility is of less importance for stores that are well established with loyal customers and for stores with limited market area because the customer knows where the store is and has the store as a destination. Both attributes are very important in an area with highly transient populations, like a tourist center or a large city, or for non-established retailers.
You might also like to view...
Which one of the following items would be subtracted from the balance per books in a bank reconciliation
a. Outstanding checks b. Deposit in transit c. Service charges d. Interest on customer note
Practitioners in nonprofit organizations attempting to increase contributions and volunteers work in the specialized part of public relations known as:
A. Investor relations D. Development B. Marketing support E. Internal relations C. Constituent relations
Creighton Industries is considering the purchase of a new strapping machine, which will cost
$150,000, plus an additional $10,500 to ship and install. The new machine will have a 5-year useful life and will be depreciated to zero using the straight-line method. The machine is expected to generate new sales of $45,000 per year and is expected to save $16,000 in labor and electrical expenses over the next 5-years. The machine is expected to have a salvage value of $20,000. Creighton's income tax rate is 35%. Creighton uses a 12.5% discount rate for capital budgeting purposes. What is the machine's NPV? A) $22,153 B) $29,888 C) $27,894 D) $25,062
Inter-enterprise processes span an organization and support activities in multiple departments.
Answer the following statement true (T) or false (F)