QUESTION 55
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Which of the following sells bulk quantities of merchandise tocustomers at volume discount prices in exchange for a periodicmembership fee?
A.
Full-line discount store
B.
Specialty discount store
C.
Factory outlet
D.
Warehouse club
1.6 points
QUESTION 56
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Off-price retailers sell their goods at prices 25 percent ormore below traditional department store prices. What makes such apolicy viable?
A.
They offer only volume discounts in exchange for a periodicmembership fee.
B.
They specialize in a single line of merchandise and are thedominant retailer in their category.
C.
They pay cash for its stock and usually doesn’t ask for returnprivileges.
D.
They resell items purchased from one of the other types ofretailers.
1.6 points
QUESTION 57
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Which of the following
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