To effectively sell merchandise that typically involves impulse purchases, what is the most critical element in the retail mix?

A. Prominent displays
B. Store location
C. Price
D. Customer service
E. Advertising


Answer: A

Business

You might also like to view...

Marketers should assume that buyers will pass through the classic hierarchy of affective, cognitive, and behavioral stages, in that order

Indicate whether the statement is true or false

Business

In a database, while queries allow the user to access, read and report on desired data, the responsibility of actually making physical changes to the relational database belongs to the Database Management System (DBMS).

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

Business

Which of the following elements of the Committee of Sponsoring Organizations refers to policies and procedures that support the cultural issues such as integrity, ethical values, competence, philosophy, and operating style?

A. Control activities B. Ongoing monitoring C. Information and communications D. Risk assessment

Business

The first phase of marketing planning is the development of a market position

Indicate whether the statement is true or false

Business