At Neiman Marcus,a First- Class Department Store,customers Shop for Specialty

question 26

Multiple Choice

At Neiman Marcus,a first- class department store,customers shop for specialty products and have come to expect assistance in every phase of the shopping process.Neiman Marcus is a _ .

• A)limited- service retailer
• B)specialty store
• C)self- service retailer
• D)lifestyle center
• E)full- service retailer

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Definitions:

Weekend

The part of the week typically comprising Saturday and Sunday, commonly understood as a time of rest from work.

Commodity 1

Typically refers to a basic good used in commerce that is interchangeable with other goods of the same type; however, the context "1" could suggest a specific focus within a larger category of commodities.

Budget Line

The budget line represents the combination of goods and services that a consumer can purchase with a given budget, considering the prices of those goods and services.

Sociology

The scientific study of society, including patterns of social relationships, social interaction, and culture.