Which of the Following Statements Describes an Advantage to Retailers

question 139

Multiple Choice

Which of the following statements describes an advantage to retailers associated with developing their own brands?

• A) Dealers must market the brand, thus cutting into the gross margin.
• B) Higher profit margins are available on private brands.
• C) Private brands, particularly those owned by discounters, are perceived to be of a higher quality.
• D) Dealers often buy in large quantities and thus always have a ready supply.
• E) Private brands are normally delivered more promptly by the manufacturer.

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Definitions:

Opportunities

Situations or conditions that present chances for progress, advancement, or the achievement of something desirable.

Skilled Professional

A person who has acquired a high level of expertise and competence in a particular job or field through training and experience.

Practice Sessions

Scheduled periods of time dedicated to rehearsing or exercising skills in order to improve or maintain proficiency in a specific area.

Flow

A mental state of being fully immersed and engaged in an activity, where time seems to pass unnoticed and the individual experiences great focus and enjoyment.