Match Each Item with the Correct Statement Below

question 141

Multiple Choice

Match each item with the correct statement below.
-_____ is the amount a retailer adds to the cost of a product to determine its selling price.

• A)stock-keeping unit (SKU)
• B)markup
• C)markdown
• D)retail convergence
• E)scrambled merchandising
• F)atmospherics
• G)broker
• H)general merchandise retailer
• I)category killer
• J)rack jobber
• K)supercenter
• L)auction house
• M)specialty store
• N)retailers
• O)mass merchandiser
• P)truck jobber
• Q)direct marketing
• R)drop shipper
• S)planned shopping center
• T)wheel of retailing

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Definitions:

Business Decorum

The set of professional behaviors and etiquette that are considered appropriate and respectful in a business environment.

User Manual

A user manual is a document providing instructions and information on using a particular product or system.

Safety Warnings

Notices or alerts designed to inform about potential hazards and advise on the necessary precautions to avoid harm or injury.

Alphabetical Order

The arrangement of words or items based on the sequence of the letters in the alphabet.