Match Each Item with the Correct Statement Below

Match each item with the correct statement below.
-A(n) _____ gathers buyers and sellers in one location and allows potential buyers to inspect merchandise before submitting competing purchase offers.

A) stock-keeping unit (SKU)
B) markup
C) markdown
D) retail convergence
E) scrambled merchandising
F) atmospherics
G) broker
H) general merchandise retailer
I) category killer
J) rack jobber
K) supercenter
L) auction house
M) specialty store
N) retailers
O) mass merchandiser
P) truck jobber
Q) direct marketing
R) drop shipper
S) planned shopping center
T) wheel of retailing

Correct Answer:

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