Which of the following best defines a stock-keeping unit?
A) The number of different items offered in a merchandise category
B) End-of-season merchandise that will not be used by a retailer in following seasons
C) Merchandise with minor mistakes in construction
D) Each different item of merchandise offered by a retailer
E) The number of merchandise categories a retailer offers
Correct Answer:
Verified
Q4: The biggest difference between service retailers and
Q5: Whereas corporate chains can tailor their offerings
Q6: Walmart is classified as an off-price retailer.
Q7: Private-label brands benefit retailers but not customers.
Q8: With respect to retailing, which of the
Q10: Due to the intangibility of their offerings,
Q11: The most basic characteristic used to describe
Q12: With respect to retailing, variety is often
Q13: Extreme-value retailers primarily target low-income consumers.
Q14: Assortment is the number of different merchandise
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