Which of the Following Is a Similarity Between Factory Outlets

question 46

Multiple Choice

Which of the following is a similarity between factory outlets and off-price retailers?

• A)Both sell at prices 25 percent or more below traditional department store prices.
• B)Both offer high levels of customized service to customers.
• C)Both follow an agile approach to inventory.
• D)Both carry multiple product lines that are considerably deep.

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Definitions:

Referent

The entity to which a word or phrase refers or relates.

Legitimate Power Base

A source of influence based on the formal authority one holds within an organization's structure or society's laws.

Emulate

To mimic or imitate with the intent of matching or surpassing the original.

Believe In

To have confidence or faith in the truth, existence, or reliability of something, often without absolute proof.