In Retailing,the Cost Advantages of Large Retail Chains (Such as Wal-Mart

question 46

Multiple Choice

In retailing,the cost advantages of large retail chains (such as Wal-Mart in the US,Tesco in Britain,Metro in Germany,and Carrefour in France) is primarily the result of:

• A)Scale economies in operating large individual retail units
• B)Lower costs of bought-in products as a result of superior bargaining power
• C)Higher capacity utilization in retailing and distribution
• D)Using superior bargaining power to pay lower wage rates.

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Definitions:

Desktop Publishing

The use of computers and software to design and produce documents that combine text and graphics.

Adobe InDesign

A desktop publishing and typesetting software application used for creating works such as posters, flyers, brochures, magazines, newspapers, and books.

Data Category

A classification that organizes data into a structured format, making it easier to manage and understand.

Word Processing

The use of specialized software, called a word processor, for the creation, editing, and formatting of text documents.