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T. J. Maxx, Burlington Coat Factory, and Marshall's are examples of


A) superstores.
B) off-price stores.
C) department stores.
D) specialty stores.
E) independent retailers.

F) D) and E)
G) A) and B)

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Commission merchants carry merchandise and negotiate sales for retailers.

A) True
B) False

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Because they must maintain limited stock and high prices, ____ are not much of a threat to supermarkets.


A) specialty stores
B) superstores
C) discount stores
D) convenience stores
E) warehouse stores

F) C) and D)
G) A) and B)

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Large retail stores that carry not only food and nonfood items ordinarily found in supermarkets but also additional product lines such as small appliances and clothing are known as


A) supermarkets.
B) convenience stores.
C) super warehouse clubs.
D) superstores.
E) specialty stores.

F) A) and D)
G) C) and E)

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L'eggs Pantyhose often sends potential customers free trials of its pantyhose in the mail. This is an example of


A) catalog marketing.
B) telemarketing.
C) home shopping.
D) direct-response marketing.
E) mail retailing.

F) A) and E)
G) A) and D)

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Off-price retailers are self-service, general merchandise outlets that sell goods at lower-than-usual prices.

A) True
B) False

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A firm that operates more than one retail outlet is called a(n) ____ retailer.


A) independent
B) merchant
C) multiple
D) chain
E) specialty

F) B) and C)
G) B) and E)

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With warehouse showrooms, a customer selects the merchandise either from a catalog or from the showroom display, fills out an order form provided by the store, and hands the form to a clerk.

A) True
B) False

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XYZ & ABC XYZ Furniture is a manufacturer of contemporary furniture that sells its products through retail stores throughout the country. XYZ management wants to explore different channels of distribution and feels that the company should use all available outlets to sell its products. ABC Distributors has brought a proposal to the company to be its wholesaler. As a wholesaler, ABC represents many different companies and sells various products to many different retailers. ABC hopes that, with such a wide variety, the company will be able to keep profits high if one product or manufacturer should fail. -Refer to XYZ & ABC. ABC Distributor can be described as what type of wholesaler?


A) Full-service wholesaler
B) Limited-service wholesaler
C) Specialty-line wholesaler
D) Limited-line wholesaler
E) General-merchandise wholesaler

F) A) and D)
G) None of the above

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What services do wholesalers provide to retailers?

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Answered by ExamLex AI

Answered by ExamLex AI

Wholesalers provide a range of services ...

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Which type of store has high sales volume, little service, and prices 20 to 40 percent lower than supermarkets?


A) Specialty store
B) Superstore
C) Warehouse club
D) Off-price retailer
E) Convenience store

F) A) and B)
G) A) and C)

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Maria's Flower Emporium specializes in growing delicate plants for wealthy consumers around the world. Because of the fragile nature of the products, they need to spend as little time as possible in transit. Maria should use trucks to transport her products.

A) True
B) False

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A small food store that sells a limited variety of products but remains open well beyond normal business hours is called a convenience store.

A) True
B) False

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Wally's Hardware store is located in a small town in the Midwest. This store would best be classified as a(n)


A) chain retailer.
B) discount store.
C) independent retailer.
D) superstore.
E) convenience store.

F) A) and D)
G) B) and C)

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The most direct channel for consumer products is from producer to retailer to consumer.

A) True
B) False

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