The Major Difference Between an Off-Price Retailer and a Discount

question 221

Multiple Choice

The major difference between an off-price retailer and a discount store is that off-price retailers purchase merchandise from manufacturers ________ and discount stores buy from wholesalers.

• A) that are trying to offload returned or slightly irregular inventory; selling new but inexpensive merchandise
• B) at below wholesale prices; and charge a high initial price with the full intent of taking markdowns later
• C) at below wholesale prices; at full price but take less of a markup
• D) at various price points; at the lowest price points possible
• E) that are part of a retailing cooperative; that are part of a wholesaling cooperative

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Definitions:

Sensory Register

The part of the memory system where sensory information is stored for a very short period of time.

Visual Images

Mental representations of objects, scenes, or events produced by the brain, often used in memory and creative processes.

Half Second

A very short time interval, specifically one half of a second, often used to measure quick, precise moments.

Executive Processes

Higher-order cognitive processes involved in the planning, initiation, sequence, and monitoring of complex goal-directed behavior.