SOLVED

31) Which of the following is a discount retailer owned by a manufacturer that provides the manufacturer a store to sell off defective merchandise? A) a specialty store B) a factory outlet store C) a department store D) a general merchandise discount store E) a warehouse club 32) Which of the following is true about general merchandise discount stores? A) They typically have deep and narrow assortments. B) They typically have shallow and narrow assortments. C) They do not use price differentiation. D) They appeal to consumers who want easy access to a lot of merchandise. E) They are typically full-service retailers. 33) Which of the following types of retailers obtain surplus merchandise from manufacturers and offer brand-name, fashion-oriented goods at low prices? A) specialty stores B) warehouse clubs C) off-price retailers D) department stores E) hypermarkets 34) Customers of a ________ buy most of the store’s products in larger-than-normal packages and quantities. A) warehouse club B) department store C) factory outlet store D) leased department store E) hypermarket 35) Which of the following is NOT true about warehouse clubs? A) They are not full-service stores. B) They often charge their customers with a modest annual membership fee. C) They carry items in bulk. D) They are a form of discount store. E) They have not followed the pattern set forth by the wheel-of-retailing hypothesis. 36) Which of the following stores is most likely to have a narrow assortment of merchandise? A) a supermarket B) a factory outlet store C) a department store D) a warehouse club E) a hypermarket 37) Which of the following statements about department stores is true? A) Department stores are more successful in America today than they have ever been. B) Department stores typically offer shallow and narrow assortments. C) Department stores are more popular in America than they are abroad. D) Department stores are typically self-service. E) Department stores were a dominant type of retailer in the first half of the twentieth century. 38) Which type of store carries a wide variety of items and offers a deep selection, but has been squeezed in recent years between more focused and more service-oriented specialty stores on the one hand and more efficient, lower-priced discounters on the other? A) department B) factory outlet C) off-price D) hypermarket E) wholesaler 39) Which of the following types of retailers have been more successful in Europe than in the United States? A) convenience stores B) supermarkets C) specialty stores D) warehouse clubs E) hypermarkets 40) Which type of store combines the characteristics of a warehouse store and a supermarket? A) freestanding store B) department store C) box store D) hypermarket E) factory outlet store