__________ Are Combating Competitive Pressures by Increasing the Amount of Exclusive

question 108

Multiple Choice

__________ are combating competitive pressures by increasing the amount of exclusive and private-label merchandise they sell and expanding their online presence.

• A) Convenience stores
• B) Department stores
• C) Full-line discount stores
• D) Extreme value stores
• E) Off-price retailers

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Definitions:

Drop-Shipping

A sales fulfillment approach in which a retailer does not stock the products offered for sale. Instead, the retailer orders the product from an external supplier as soon as a sale is made and has the item sent directly to the consumer.

Direct Shipping

The process of delivering goods directly from the supplier or manufacturer to the customer or retailer, bypassing any intermediate storage facilities.

Supply Chains

Networks that encompass the production, handling, and distribution of goods or services, from suppliers to the final consumer, ensuring that products are available where and when needed.

Distribution Network

The interconnected group of storage facilities and transportation systems through which a product moves from producers to end consumers.