Retailing Flashcard

Front

Retailing is primarily concerned with:

Back

Moving goods from manufacturers to consumers

Front

Which of the following is an example of a direct channel? Levi’s selling jeans in their own branded stores, Target buying from many suppliers, Amazon selling through third-party vendors, Costco reselling bulk items

Back

Levi’s selling jeans in their own branded stores

Front

What does “click-and-mortar” retailing mean?

Back

Operating both physical stores and online platforms

Front

Which factor has most expanded global retailing? Options: Closure of shopping malls, Development of the Internet and communication tools, Elimination of sales taxes, Increased counterfeit laws

Back

Development of the Internet and communication tools

Front

Catalog retailing often uses: Social media influencers, Mail-order booklets with photos and prices, Pop-up stores, Only in-store pick-up options

Back

Mail-order booklets with photos and prices

Front

Retailing is ranked what in the U.S. for number of stores and employees?

Back

Second

Front

Which is a primary advantage of online retailing?

Back

24/7 access from anywhere

Front

A producer channel exists when: The manufacturer owns its retail store

Back

The manufacturer owns its retail store

Front

Which of these is an example of counterfeit goods? Nike shoes sold at a clearance outlet, Fake Rolex watches sold online without authorization, Store-brand products with a generic label, Discounted seasonal clothing

Back

Fake Rolex watches sold online without authorization

Front

Counterfeit products hurt retailers by:

Back

Increasing legal and security costs