A Supplier That Is Contracted to Create and Provide a Customized

question 60

Multiple Choice

A supplier that is contracted to create and provide a customized input to a local firm is called a(n) _________.

• A)acquirer
• B)coordinator
• C)subcontractor
• D)advocate

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Definitions:

Single-Price Retailer

A retail store that sells every item in its inventory at the same fixed price, offering simplicity and consistency to customers.

Specialty Outlet

A retail store that focuses on selling a specific type of merchandise, offering specialized knowledge and a broader selection than general stores.

Hypermarket

A large retail facility that combines a supermarket and a department store, offering a wide variety of food and general merchandise at low prices.

Outlet Store

An outlet store is a retail store that sells products directly from one or more manufacturers, typically at lower prices, often featuring overstock, discontinued ranges, or seconds.