Which Statement Concerning the Scope of Retailing Is Correct

question 75

Multiple Choice

Which statement concerning the scope of retailing is correct?

• A)Retailing is limited to transactions involving tangible goods.
• B)Purchases of goods made by retail organizations for further resale are part of retailing.
• C)Retailing is limited to store-based transactions.
• D)Wholesalers cannot conduct retail transactions.

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Definitions:

Business Proposition

A value statement that outlines what value a company offers to its customers, how it does so, and why it's unique or better than competitors.

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Customer Benefit Plan

A plan that contains the nucleus of information used in the sales presentation.

Business Relationships

Connections and interactions between individuals or organizations that are based on professional interests and aimed at mutual benefits.