Regarding Retailing, Which of the Following Statements Is FALSE

question 138

Multiple Choice

Regarding retailing, which of the following statements is FALSE?

• A) Supermarkets average about $20 million in sales per year.
• B) Single-line mass-merchandisers have not been successful-probably because their assortments are so limited.
• C) Mass-merchandisers put less emphasis on knowledgeable salespeople than more conventional retailers.
• D) Discount houses got their start selling "hard goods" at lower prices.
• E) None of these statements regarding retailing is FALSE.

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Definitions:

Direct Assistance

Support or aid provided directly to individuals, organizations, or countries, often in the form of resources, financing, or services.

Tax Breaks

Financial incentives or discounts in taxation provided by the government to encourage certain activities or investments.

Tariffs

Taxes imposed on imported goods aimed at making them more expensive than similar locally-produced goods to protect domestic industries from foreign competition.

Consumers

People or collectives who buy products and services for their own consumption.