Why might department stores have struggled to survive in the United States in recent years?
What will be an ideal response?
Specialty stores and category killers have lured department store shoppers away. Department stores have also been squeezed by discount stores and online retailers that can offer the same items at lower prices because they don't have the expense of rent, elaborate store displays and fixtures, high salaries for knowledgeable salespeople, and so forth.
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The income effect refers to the situation when a higher nominal interest rate results from a(n)
A. decrease in income that increases the demand for money. B. increase in income that increases the demand for money. C. increase in the price level that increases the demand for money. D. decrease in the price level that increases the demand for money.
Bulleted lists are most effective for items representing a sequence or chronology
Indicate whether the statement is true or false
When to place an order is driven by?
a. Order lead time b. How many units are demanded during lead time c. Both order lead time and how many units are demanded during lead time d. Neither order lead time nor how many units are demanded during lead time
In 1962, President John F. Kennedy outlined a Consumer Bill of Rights that codified the ethics of exchange between buyers and sellers. These were the right: (1) ________; (2) to be informed; (3) to choose; and (4) to be heard.
A. to privacy B. to be treated with respect C. to safety D. to be treated without prejudice E. to be compensated for product defects