When a Nordstrom Salesperson Suggests That a Customer Might Want

question 7

Multiple Choice

When a Nordstrom salesperson suggests that a customer might want to purchase a belt to go with his new suit,he is employing a common practice among retailers known as

• A) trading up.
• B) adding on.
• C) suggestion selling.
• D) retail mixing.
• E) All of the above

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Definitions:

Consideration

The value (such as money, a promise, or a service) exchanged between parties in a contract, making the agreement legally binding.

Right to Possession

The legal authority to control or occupy a piece of property, either by ownership or by lease.

Transportation Costs

Expenses associated with moving goods or individuals from one location to another, including costs related to freight, fuel, and maintenance.

FOB

stands for Free On Board, a term used in shipping indicating that the seller is responsible for goods until they are loaded onto a shipping vessel.