The Retailing Mix Refers to

question 195

Multiple Choice

The retailing mix refers to

• A)the activities related to managing the store and the merchandise in the store,which includes product,price,promotion,and place.
• B)the activities related to managing the store and the merchandise in the store,which includes the four utilities of time,form,possession,and place.
• C)the activities related to managing the store and the merchandise in the store,which includes the colors,sizes,shapes,and perceived value of the store's products.
• D)the activities related to managing the store and the merchandise in the store,which includes retail pricing,store location,retail communication,and merchandise.
• E)the activities related to managing the store and the merchandise in the store,which includes selection of store location,selection of merchandise,hiring and training of employees,and promotion of both the store and products.

Understand the significance of and process for ensuring a fair trial, including venue, service of process, and discovery tools.

Differentiate between questions of fact and questions of law in legal proceedings.

Grasp the concepts related to case disposition, including terms like moot, remand, and default judgment.

Understand the special provisions for diversity-of-citizenship cases.

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Definitions:

SCM

Supply Chain Management (SCM) is the oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.

Inventory

Inventory refers to the total amount of goods and materials held in stock by a business, warehouse, or storage facility.

Goods And Services

Goods and services are the products and activities that satisfy human wants; goods are physical items, while services are non-tangible activities or benefits.

Push Model

A business model in which the production process begins with a forecast, which predicts the products that customers will want as well as the quantity of each product. The company then produces the amount of products in the forecast, typically by using mass production, and sells, or “pushes,” those products to consumers.