The Major Advantage Held by Off-Price Retailers Over Discounters Is

question 85

True/False

The major advantage held by off-price retailers over discounters is that they provide consumers with a consistent selection of top brands at reduced prices,whereas discounters' selections are more volatile.

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Definitions:

Wholesale Division

A division of a company that sells goods in large quantities to retailers, other distributors, or sometimes directly to consumers.

Fixed Expenses

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Break-even Sales

The amount of revenue needed to cover both fixed and variable costs, resulting in neither profit nor loss.

Foreign Division

A segment of a business that operates in a country other than the company's home country, handling operations outside the domestic sphere.