A Type of Resale Store That Accepts Used Merchandise from People

question 78

Multiple Choice

A type of resale store that accepts used merchandise from people and pays them after it is sold is called a(n)

• A) dollar store.
• B) consignment shop.
• C) supercenter.
• D) thrift store.
• E) extreme-value retailer.

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Definitions:

Customer Segments

The process of dividing a market of potential customers into groups, or segments, based on different characteristics.

Channels

Pathways or mediums through which products or services are distributed to the end consumer.

Infrastructure

The fundamental facilities and systems serving a country, city, or area, including transportation, communication, utilities, and public institutions, necessary for economic activity.

Technology

The application of scientific knowledge for practical purposes, especially in industry machinery, software, and devices.