The Guitar Center Traces Its Roots to 1959 When Wayne

question 287

Multiple Choice

The Guitar Center traces its roots to 1959 when Wayne Mitchell opened a home organ store in California. In 1964, the company began selling guitars and amplifiers and changed its name to The Guitar Center. The company added stores gradually and today is known as the largest musical instrument retailer in the world. The company continues to grow and maintains over 250 stores across the United States. According to their website, "Guitar Center is home to the world's largest selection of popular guitars, basses, amplifiers, keyboards, workstations, drums, percussion, microphones, PA systems, DJ equipment, stage lighting, recording software, studio gear and more." Assume that you are one of the brand managers for a line of products such as guitars or keyboards. Which of the following would be most important to you in assisting you to forecast sales and plan inventory levels for the chain of stores?

• A) consumers' discretionary income
• B) consumers' wealth
• C) consumers' debt
• D) consumers' disposable income

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Definitions:

Inhaled Poisons

Toxic substances that enter the body through the respiratory system leading to potential harm or discomfort.

Tinnitus

An abnormal ringing in the ear.

Angina

A condition marked by severe pain in the chest, often also spreading to the shoulders, arms, and neck, caused by inadequate blood supply to the heart.

Contusions

A type of bruise resulting from blunt force trauma that damages blood vessels under the skin without breaking the skin.