Which of the Following Is NOT True About Staple Merchandise

question 22

Multiple Choice

Which of the following is NOT true about staple merchandise categories?

• A)They consist of items which are in continuous demand over an extended time period.
• B)The number of new product introductions in these categories is limited.
• C)The demand for these categories is predictable.
• D)Because their sales are relatively steady from day to day,periodic inventory system is used.
• E)Merchandise planning systems for these categories focus on continuous replenishment.

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Definitions:

Agency Shops

A workplace where non-union members must pay union fees for collective bargaining and representation benefits.

Closed Shops

A workplace where only members of a union are hired and maintained, often established through labor union and employer agreements.

Union Shops

Workplaces where employees don't have to be union members to be hired, but must join the union within a certain period.

Union Members

Individuals who belong to a labor union, an organization that represents workers' interests in negotiations with employers regarding wages, working conditions, and benefits.