Exam 11: Retailing and Wholesaling

A manufacturer's branch office:

Harry, upon arriving at a supermarket, researches for product reviews and prices on his smartphone using codes that are two-dimensional images that look like blobs of black on a white background.Harry is using a _____ scanner.

Which of the following statements is true?

Clean & Crisp is a new dry-cleaning and laundry company.The owner wants to attract people who will be within a 5- to 10-minute drive of the business.The best location for this new dry-cleaning and laundry service would be _____.

Franchising is attractive for the franchisee because:

A(n) _____ is a form of ownership that involves multiple outlets under common ownership.

A firm that contracts with a parent company to set up a business or retail outlet is called the franchiser.

Jimmy's, a multichannel retailer, assists customers to order items that may be out of stock at one of its retail stores.The customers may use the catalogue to place the order.This provision best illustrates that Jimmy's:

Daniel, an avid fly fisherman from a small village, needs large rubber rafts; chest and hip waders; special fishing rods, reels, and line; and an assortment of fishing tackle and lures.He orders his fishing supplies from Fish & Spin's catalogue due to the lack of any good stores in his village.His supplies are generally delivered to his home within 72 hours.Daniel is using a _____ to satisfy his fishing supply needs.

Community shopping centres consist of 50 to 150 stores that typically attract customers who live or work within a 5- to 15-kilometre range.