The Major Difference Between an Off-Price Retailer and a Discount

question 221

Multiple Choice

The major difference between an off-price retailer and a discount store is that off-price retailers purchase merchandise from manufacturers ________ and discount stores buy from wholesalers.

• A) that are trying to offload returned or slightly irregular inventory; selling new but inexpensive merchandise
• B) at below wholesale prices; and charge a high initial price with the full intent of taking markdowns later
• C) at below wholesale prices; at full price but take less of a markup
• D) at various price points; at the lowest price points possible
• E) that are part of a retailing cooperative; that are part of a wholesaling cooperative

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Definitions:

Genes

Segments of DNA that are responsible for hereditary characteristics and serve as the basic units of heredity.

Dependent Variables

Variables in experimental research that are expected to change as a result of manipulation of independent variables; they are the outcomes measured by the researcher.

Independent Variables

In an experiment, the variable that is manipulated or altered to examine its effect on a dependent variable.

Demand Characteristics

The cues in a study that might tell a research participant what behaviors are expected or desirable in that setting.