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:

Age-Related Changes

Physical, cognitive, and emotional alterations that occur as individuals age, impacting abilities and health.

Skin

The outer layer of tissue covering the bodies of humans and other mammals, providing protection from the environment.

Postformal Reasoning

A stage of cognitive development proposed to follow Piaget’s formal operational stage; thinking and problem-solving are restructured in adulthood to integrate abstract reasoning with practical considerations.

Cultures

The social behaviors, practices, beliefs, and norms that characterize a society or a specific group within a society.