One Product Strategy Used by Retailers to Differentiate Themselves from Competitors

question 42

Multiple Choice

One product strategy used by retailers to differentiate themselves from competitors is

• A)the use of private-label brands.
• B)discount pricing.
• C)removing brand labels from their merchandise offerings.
• D)JIT product delivery.
• E)offering brand-name merchandise.

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Definitions:

Lessor's Cost

The expenses incurred by a lessor (the property owner) when leasing out an asset, including maintenance, taxes, and any other costs related to the asset's upkeep.

Operating Lease

Usually a shorter-term lease where the lessor is responsible for insurance, taxes, and upkeep. Often cancellable on short notice.

Sale And Leaseback

A financial lease in which the lessee sells an asset to the lessor and then leases it back.