Which of the Following Statements Describes an Advantage to Retailers

question 155

Multiple Choice

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

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

---

Definitions:

Positive Stage

A term in sociology introduced by Auguste Comte referring to the final stage of societal evolution where explanations of phenomena are based on scientific observations, experiments, and logic.

Political Revolution

A fundamental and rapid change in political power or organizational structures that occurs when the population revolts against the current authority, often leading to social transformation.

Sociological Imagination

A concept introduced by C. Wright Mills, referring to the ability to see the relationship between individual experiences and the larger society.

Aboriginal Peoples

Indigenous peoples who are original inhabitants of a land or region, recognized for their distinct cultures, languages, and traditions, often holding unique rights and status under law.