Deck 12: Delivering the Customer Experience: Bricks and Clicks

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Question
When a cashier at the local grocery store purposefully fails to scan all of the items purchased by her friends and allows her friends to leave the store without paying for all of their items,the cashier is engaged in sweethearting.
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Question
A cashier who purposely undercharges a customer or allows a friend to walk away without paying for items would most likely be accused of which of the following?

A)sweethearting
B)experiential shopping
C)retail borrowing
D)off-price retailing
E)customer profiling
Question
Which one of the following statements about retailers and retailing activities is true?

A)Retailers create form utility.
B)Most retailers are multi-million dollar operations.
C)Retailers are members of channels of distribution.
D)About half of all U.S.workers are employed by retailers.
E)Retailers sell only to businesses.
Question
Demographic changes have motivated marketers to make changes in the retailing industry.
Question
One of the most thorough and complex explanations of changes in the retailing industry is the wheel-of-retailing hypothesis.
Question
For the retailer,the practice of ________ results in lower total sales and,in many cases,damaged merchandise.

A)sweethearting
B)experiential shopping
C)retail borrowing
D)off-price retailing
E)network marketing
Question
When sales are made in a local Walmart,the sales data is sent to Walmart headquarters where the data are used to build a picture of the buying habits of people who shop at individual Walmarts across the nation.The use of ________ makes this possible.

A)POS systems
B)social shopping
C)e-commerce
D)e-menus
E)direct selling
Question
The retail industry has been largely unaffected by the trend of the world becoming "flatter."
Question
Which of the following best explains why new retailers often squeeze out older retailers?

A)retail borrowing
B)the wheel-of-retailing hypothesis
C)shrinkage
D)pop-up retailing
E)pyramid schemes
Question
Which of the following is NOT a function of a point-of-sale (POS)system?

A)collecting sales data
B)connecting directly into a store's inventory-control system
C)evaluating bids from potential suppliers
D)collecting data on returns and transfers to other stores
E)automatically sending orders to suppliers
Question
Which of the following is most closely associated with upscaling in retailing?

A)fewer members in the channel of distribution
B)more members in the channel of distribution
C)greater operating costs
D)lower operating costs
E)lower levels of customer service
Question
Which of the following is the final stop in the distribution channel in which organizations sell goods and services to consumers for their personal use?

A)franchising
B)retailing
C)brokering
D)wholesaling
E)disintermediation
Question
Failing to provide equal access to customers who appear economically disadvantaged is both unethical and illegal.
Question
Which of the following refers to store personnel tailoring the level of service they give based on a customer's perceived ability to pay?

A)sweethearting
B)experiential shopping
C)retail borrowing
D)off-price retailing
E)customer profiling
Question
According to the ________ hypothesis,new retailing forms often begin as low-margin,low-price,low-status operations to challenge established retailers;then become successful;and eventually take the place of the established retailers they had challenged.

A)agent
B)broker
C)wheel-of-retailing
D)warehousing
E)retail life cycle
Question
Shoplifting,sweethearting,and retail borrowing are all problems that contribute to ________.

A)off-price retailing
B)shrinkage
C)pyramid schemes
D)understored trade areas
E)pop-up retailing
Question
Josh purchased a new tie from an upscale men's clothing store to impress the managers he would meet at an important job interview.The day after the job interview,Josh returned the tie to the store for a full refund.This is an example of ________.

A)buyer's remorse
B)sweethearting
C)retail borrowing
D)shoplifting
E)customer profiling
Question
Wholesaling includes all the activities involved in selling goods or services directly to final consumers for their personal use.
Question
A marketing strategy that enhances the shopping experience for experiential shoppers is called ________.

A)sweethearting
B)retail borrowing
C)party planning
D)nonstore retailing
E)retailtainment
Question
V&E Bridal Design Shop caters to engaged couples who desire a traditional Eastern Asian wedding ceremony.The brides-to-be who shop at this store are typically Japanese,Laotian,Vietnamese,Korean,or Chinese.This retailer has used ________ to identify a market segment.

A)psychographics
B)geography
C)demographics
D)socioeconomics
E)its merchandise mix
Question
________,such as Target and Kohl's,provide merchandise return and offer credit,but customers select merchandise without much assistance.

A)Self-service retailers
B)Full-service retailers
C)Specialty retailers
D)Off-price retailers
E)Limited-service retailers
Question
Pier 1 Imports started as a single store in San Mateo,California,offering low-priced beanbags,love beads,and incense to baby boomers.Today it sells quality home furnishings and decorative accessories.Why is Pier 1 Imports a perfect case study of the wheel-of-retailing hypothesis?
Question
Briefly explain the wheel-of-retailing concept.
Question
Retail stores are often classified on the breadth and depth of their merchandise assortment.The breadth of the merchandise is the number of different lines available.The merchandise breadth may be classified as ________ or ________.

A)narrow;broad
B)narrow;deep
C)shallow;broad
D)shallow;deep
E)narrow;full
Question
Describe the practice of retail borrowing and explain why it is unethical.
Question
Which of the following is LEAST likely to happen at a full-service retailer?

A)Customers have access to alteration services.
B)Gift wrapping services are offered.
C)Customers seek and receive helpful guidance from trained sales associates.
D)Customers handle their own checkout process.
E)Product consultants are available to answer specialized questions.
Question
________ are large stores that combine an economy supermarket with other lower-priced non-food merchandise.

A)Variety stores
B)Category killers
C)Supercenters
D)Box stores
E)Convenience stores
Question
Retail stores are often classified on the breadth and depth of their merchandise assortment.The depth of the merchandise is the variety of choices for each specific product.Merchandise depth may be classified as ________ or ________.

A)narrow;broad
B)narrow;deep
C)shallow;broad
D)shallow;deep
E)narrow;full
Question
Which of the following is the number of different product lines available at a particular retail store?

A)merchandise breadth
B)inventory depth
C)merchandise depth
D)retail diversity
E)point-of-sale range
Question
A large retail store that wants to offer a broader variety of products or services on site than it would otherwise carry would most likely make an arrangement with a(n)________.

A)leased department
B)convenience store
C)variety store
D)factory outlet
E)off-price retailer
Question
Which of the following types of retailers place the most emphasis on salespeople assisting customers throughout the purchase process?

A)limited-service retailers
B)full-service retailers
C)self-service retailers
D)discount retailers
E)off-price retailers
Question
________ carry a narrow assortment of product lines with deep assortments within those lines.

A)Supermarkets
B)Specialty stores
C)Convenience stores
D)Discount stores
E)Off-price stores
Question
Which type of self-service store offers a limited line of inexpensive items,often at a single price point?

A)convenience store
B)box store
C)specialty store
D)variety store
E)leased department store
Question
Give an example of how the recent economic downturn affected retailers' strategies.
Question
Give an example of how global retailers have adjusted their offerings to meet the needs of different populations around the world.
Question
________ is the basis of most discount operations.Retailers offering this level of service require customers to perform their own product selection and may require customers to handle their own checkout process.

A)Limited-service
B)Full-service
C)Self-service
D)Specialty service
E)Wholesale service
Question
Which of the following is true about convenience stores?

A)They carry mostly shopping goods.
B)They charge lower-than-normal prices for shopping goods.
C)They are reluctant to change their store designs and offerings to adjust to changes in the market.
D)They create time utility for their customers.
E)They create form,time,and place utility for their customers.
Question
Which of the following is a discount retailer owned by a manufacturer that provides the manufacturer a store to sell off defective merchandise?

A)a specialty store
B)a factory outlet store
C)a department store
D)a general merchandise discount store
E)a warehouse club
Question
Which type of self-service store is a food store with a limited selection of items and few brands per item?

A)convenience store
B)box store
C)specialty store
D)variety store
E)leased department store
Question
A ________ is a set of related products a retailer offers.

A)merchandise mix
B)merchandise assortment
C)merchandise breadth
D)product depth
E)product line
Question
Which of the following is NOT true about warehouse clubs?

A)They are not full-service stores.
B)They often charge their customers with a modest annual membership fee.
C)They carry items in bulk.
D)They are a form of discount store.
E)They have not followed the pattern set forth by the wheel-of-retailing hypothesis.
Question
Stop-N-Go and Circle K-small stores that serve consumers willing to pay a higher price for the ease of buying staples close to home-are ________.

A)specialty stores
B)convenience stores
C)supermarkets
D)hypermarkets
E)off-price retailers
Question
Several years ago,the Paradise Surf Shop was the only surf-gear store catering to women.It carried everything the serious female surfer needed to ride the waves.In terms of its merchandise assortment,it had a ________ assortment.

A)shallow and deep
B)narrow and deep
C)shallow and broad
D)broad and deep
E)shallow and narrow
Question
Which of the following types of retail stores would likely offer the broadest assortment of merchandise and services?

A)convenience stores
B)factory outlet stores
C)specialty stores
D)box stores
E)hypermarkets
Question
GameStop sells video games and systems,offering a narrow product line with a deep assortment within that line.GameStop is a(n)________.

A)department store
B)convenience store
C)specialty store
D)general merchandise discount store
E)off-price retailer
Question
Costco's surprise offerings of seconds,overstocks,and closeouts-occasionally including diamonds-is an example of how a retailer can differentiate itself through its ________.

A)merchandise mix
B)services mix
C)destination retailing
D)store atmosphere
E)level of service
Question
Which of the following is true about general merchandise discount stores?

A)They typically have deep and narrow assortments.
B)They typically have shallow and narrow assortments.
C)They do not use price differentiation.
D)They appeal to consumers who want easy access to a lot of merchandise.
E)They are typically full-service retailers.
Question
Department stores carry a narrow range of products with deep assortments within those lines.
Question
The Paper Moon sells gift wrapping paper,stationery,and greeting cards.It does not sell any other products.The number of different kinds of wrapping paper,stationery,and cards make up its ________.

A)point-of-sale range
B)merchandise diversity
C)atmospherics
D)merchandise assortment
E)retail format
Question
Retailers like Sam's Club that promise bottom-dollar prices are often self-service operations.
Question
Which type of store combines the characteristics of a warehouse store and a supermarket?

A)freestanding store
B)department store
C)box store
D)hypermarket
E)factory outlet store
Question
Which of the following stores is most likely to have a narrow assortment of merchandise?

A)a supermarket
B)a factory outlet store
C)a department store
D)a warehouse club
E)a hypermarket
Question
Customers of a ________ buy most of the store's products in larger-than-normal packages and quantities.

A)warehouse club
B)department store
C)factory outlet store
D)leased department store
E)hypermarket
Question
Which of the following statements about department stores is true?

A)Department stores are more successful in America today than they have ever been.
B)Department stores typically offer shallow and narrow assortments.
C)Department stores are more popular in America than they are abroad.
D)Department stores are typically self-service.
E)Department stores were a dominant type of American retailer in the first half of the twentieth century.
Question
ShopWell,a large supermarket chain,wants to offer a wider variety of fresh ready-to-go meals for its customers.ShopWell has contracted with The Great Wall,a Chinese restaurant,and Salad Heaven,a health food restaurant,to set up small take-out areas within the supermarket.This arrangement is an example of ________.

A)convenience stores
B)leased departments
C)specialty stores
D)hypermarkets
E)off-price retailing
Question
Which of the following types of retailers obtain surplus merchandise from manufacturers and offer brand-name,fashion-oriented goods at low prices?

A)specialty stores
B)warehouse clubs
C)off-price retailers
D)department stores
E)hypermarkets
Question
In limited-service retail operations,such as specialty stores and first-class department stores,salespeople assist customers in every phase of the shopping process.
Question
Off-price retailers obtain surplus merchandise from manufacturers and offer brand-name,fashion-orientated goods at low prices.
Question
When a gift shop decided to begin selling Blue Ridge pottery,it was modifying its merchandise mix.
Question
A shoe department carries more than 55 different styles of white sandals.This is a description of the shoe department's ________.

A)merchandise breadth
B)retail diversity
C)merchandise depth
D)point-of-sale range
E)service assortment
Question
What is meant by merchandise breadth and depth? Give an example of a store for each of the following: narrow assortment,broad assortment,shallow assortment,and deep assortment.
Question
Why have department stores struggled to survive in the United States in recent years?
Question
Compare and contrast the four types of discount stores.
Question
Which of the following is a type of in-home selling?

A)the party plan system
B)network marketing
C)the pyramid system
D)e-commerce
E)experiential marketing
Question
Which of the following prohibits door-to-door selling unless prior permission has been granted by the household?

A)the National Do Not Call Registry
B)a Green River Ordinance
C)permission-based e-marketing
D)network marketing
E)a party plan system
Question
In general,vending machines are best suited for selling which of the following?

A)specialty goods
B)unsought goods
C)capital items
D)food and beverages
E)accessory equipment
Question
In ________,a master distributor recruits other people to become distributors.The master distributor sells the company's products to the people she entices to join and receives commissions on all the merchandise sold by the people she recruits.

A)multilevel marketing
B)integrated sales
C)disintermediated sales
D)hierarchical sales
E)party plan systems
Question
________ e-commerce is the online exchange between companies and individual consumers.

A)B2B
B)B2C
C)P2P
D)C2C
E)C2B
Question
Interactive videos,games,and contests are all ways that marketers provide ________ for online shoppers.

A)in-home shopping
B)virtual experiential marketing
C)off-price retailing
D)pop-up marketing
E)network marketing
Question
Which of the following is NOT a benefit provided by e-commerce?

A)It provides consumers the satisfaction of instant gratification.
B)It reduces the cost of doing business.
C)It enables specialized businesses to be more successful.
D)It provides consumers more access to pricing information.
E)It broadens product choices for consumers in smaller communities.
Question
Another name for multilevel marketing is ________.

A)the party plan system
B)network marketing
C)the pyramid system
D)e-commerce
E)experiential marketing
Question
Why might a retailer be interested in using the Census of Retail Trade,which classifies retailers according to the North American Industry Classification System (NAICS)codes?
Question
Which of the following is an illegal sales technique?

A)retailtainment
B)a party plan system
C)a multilevel network
D)a pyramid scheme
E)off-price retailing
Question
What is the merchandise assortment of an airport bookstore that sells only a few books but a large variety of magazines?
Question
Compare and contrast specialty stores and convenience stores.
Question
Which of the following refers to any method a firm uses to complete an exchange that does not require a customer to visit a store?

A)kiosk merchandising
B)nonstore retailing
C)direct selling
D)exchange retailing
E)e-commerce
Question
The purchase of a set of flannel sheets from the Lands' End catalog Web site is an example of ________ e-commerce.

A)B2B
B)B2C
C)POS
D)C2C
E)C2B
Question
Using current sales as a predictor,which of the following products would likely be most effectively sold using direct selling?

A)women's shoes
B)cleaning products
C)baby furniture
D)automobiles
E)pet food
Question
A telephone call from a salesperson requesting you to purchase a subscription to an educational magazine designed to help children improve their math skills is an example of which of the following?

A)direct selling
B)one-way communication
C)direct wholesaling
D)two-way vending
E)e-commerce
Question
Experts predicting that destination retail will be a future trend believe that consumers will soon visit retailers more for ________ than for the basic process of purchasing products.

A)information
B)credit services
C)comparison shopping
D)entertainment
E)social opportunities
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Deck 12: Delivering the Customer Experience: Bricks and Clicks
1
When a cashier at the local grocery store purposefully fails to scan all of the items purchased by her friends and allows her friends to leave the store without paying for all of their items,the cashier is engaged in sweethearting.
True
2
A cashier who purposely undercharges a customer or allows a friend to walk away without paying for items would most likely be accused of which of the following?

A)sweethearting
B)experiential shopping
C)retail borrowing
D)off-price retailing
E)customer profiling
A
3
Which one of the following statements about retailers and retailing activities is true?

A)Retailers create form utility.
B)Most retailers are multi-million dollar operations.
C)Retailers are members of channels of distribution.
D)About half of all U.S.workers are employed by retailers.
E)Retailers sell only to businesses.
C
4
Demographic changes have motivated marketers to make changes in the retailing industry.
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
5
One of the most thorough and complex explanations of changes in the retailing industry is the wheel-of-retailing hypothesis.
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
6
For the retailer,the practice of ________ results in lower total sales and,in many cases,damaged merchandise.

A)sweethearting
B)experiential shopping
C)retail borrowing
D)off-price retailing
E)network marketing
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
7
When sales are made in a local Walmart,the sales data is sent to Walmart headquarters where the data are used to build a picture of the buying habits of people who shop at individual Walmarts across the nation.The use of ________ makes this possible.

A)POS systems
B)social shopping
C)e-commerce
D)e-menus
E)direct selling
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
8
The retail industry has been largely unaffected by the trend of the world becoming "flatter."
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
9
Which of the following best explains why new retailers often squeeze out older retailers?

A)retail borrowing
B)the wheel-of-retailing hypothesis
C)shrinkage
D)pop-up retailing
E)pyramid schemes
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
10
Which of the following is NOT a function of a point-of-sale (POS)system?

A)collecting sales data
B)connecting directly into a store's inventory-control system
C)evaluating bids from potential suppliers
D)collecting data on returns and transfers to other stores
E)automatically sending orders to suppliers
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
11
Which of the following is most closely associated with upscaling in retailing?

A)fewer members in the channel of distribution
B)more members in the channel of distribution
C)greater operating costs
D)lower operating costs
E)lower levels of customer service
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
12
Which of the following is the final stop in the distribution channel in which organizations sell goods and services to consumers for their personal use?

A)franchising
B)retailing
C)brokering
D)wholesaling
E)disintermediation
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
13
Failing to provide equal access to customers who appear economically disadvantaged is both unethical and illegal.
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
14
Which of the following refers to store personnel tailoring the level of service they give based on a customer's perceived ability to pay?

A)sweethearting
B)experiential shopping
C)retail borrowing
D)off-price retailing
E)customer profiling
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
15
According to the ________ hypothesis,new retailing forms often begin as low-margin,low-price,low-status operations to challenge established retailers;then become successful;and eventually take the place of the established retailers they had challenged.

A)agent
B)broker
C)wheel-of-retailing
D)warehousing
E)retail life cycle
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
16
Shoplifting,sweethearting,and retail borrowing are all problems that contribute to ________.

A)off-price retailing
B)shrinkage
C)pyramid schemes
D)understored trade areas
E)pop-up retailing
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
17
Josh purchased a new tie from an upscale men's clothing store to impress the managers he would meet at an important job interview.The day after the job interview,Josh returned the tie to the store for a full refund.This is an example of ________.

A)buyer's remorse
B)sweethearting
C)retail borrowing
D)shoplifting
E)customer profiling
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
18
Wholesaling includes all the activities involved in selling goods or services directly to final consumers for their personal use.
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
19
A marketing strategy that enhances the shopping experience for experiential shoppers is called ________.

A)sweethearting
B)retail borrowing
C)party planning
D)nonstore retailing
E)retailtainment
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
20
V&E Bridal Design Shop caters to engaged couples who desire a traditional Eastern Asian wedding ceremony.The brides-to-be who shop at this store are typically Japanese,Laotian,Vietnamese,Korean,or Chinese.This retailer has used ________ to identify a market segment.

A)psychographics
B)geography
C)demographics
D)socioeconomics
E)its merchandise mix
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
21
________,such as Target and Kohl's,provide merchandise return and offer credit,but customers select merchandise without much assistance.

A)Self-service retailers
B)Full-service retailers
C)Specialty retailers
D)Off-price retailers
E)Limited-service retailers
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
22
Pier 1 Imports started as a single store in San Mateo,California,offering low-priced beanbags,love beads,and incense to baby boomers.Today it sells quality home furnishings and decorative accessories.Why is Pier 1 Imports a perfect case study of the wheel-of-retailing hypothesis?
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
23
Briefly explain the wheel-of-retailing concept.
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
24
Retail stores are often classified on the breadth and depth of their merchandise assortment.The breadth of the merchandise is the number of different lines available.The merchandise breadth may be classified as ________ or ________.

A)narrow;broad
B)narrow;deep
C)shallow;broad
D)shallow;deep
E)narrow;full
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
25
Describe the practice of retail borrowing and explain why it is unethical.
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
26
Which of the following is LEAST likely to happen at a full-service retailer?

A)Customers have access to alteration services.
B)Gift wrapping services are offered.
C)Customers seek and receive helpful guidance from trained sales associates.
D)Customers handle their own checkout process.
E)Product consultants are available to answer specialized questions.
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
27
________ are large stores that combine an economy supermarket with other lower-priced non-food merchandise.

A)Variety stores
B)Category killers
C)Supercenters
D)Box stores
E)Convenience stores
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
28
Retail stores are often classified on the breadth and depth of their merchandise assortment.The depth of the merchandise is the variety of choices for each specific product.Merchandise depth may be classified as ________ or ________.

A)narrow;broad
B)narrow;deep
C)shallow;broad
D)shallow;deep
E)narrow;full
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
29
Which of the following is the number of different product lines available at a particular retail store?

A)merchandise breadth
B)inventory depth
C)merchandise depth
D)retail diversity
E)point-of-sale range
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
30
A large retail store that wants to offer a broader variety of products or services on site than it would otherwise carry would most likely make an arrangement with a(n)________.

A)leased department
B)convenience store
C)variety store
D)factory outlet
E)off-price retailer
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
31
Which of the following types of retailers place the most emphasis on salespeople assisting customers throughout the purchase process?

A)limited-service retailers
B)full-service retailers
C)self-service retailers
D)discount retailers
E)off-price retailers
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
32
________ carry a narrow assortment of product lines with deep assortments within those lines.

A)Supermarkets
B)Specialty stores
C)Convenience stores
D)Discount stores
E)Off-price stores
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
33
Which type of self-service store offers a limited line of inexpensive items,often at a single price point?

A)convenience store
B)box store
C)specialty store
D)variety store
E)leased department store
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
34
Give an example of how the recent economic downturn affected retailers' strategies.
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
35
Give an example of how global retailers have adjusted their offerings to meet the needs of different populations around the world.
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
36
________ is the basis of most discount operations.Retailers offering this level of service require customers to perform their own product selection and may require customers to handle their own checkout process.

A)Limited-service
B)Full-service
C)Self-service
D)Specialty service
E)Wholesale service
Unlock Deck
Unlock for access to all 161 flashcards in this deck.
Unlock Deck
k this deck
37
Which of the following is true about convenience stores?

A)They carry mostly shopping goods.
B)They charge lower-than-normal prices for shopping goods.
C)They are reluctant to change their store designs and offerings to adjust to changes in the market.
D)They create time utility for their customers.
E)They create form,time,and place utility for their customers.
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38
Which of the following is a discount retailer owned by a manufacturer that provides the manufacturer a store to sell off defective merchandise?

A)a specialty store
B)a factory outlet store
C)a department store
D)a general merchandise discount store
E)a warehouse club
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39
Which type of self-service store is a food store with a limited selection of items and few brands per item?

A)convenience store
B)box store
C)specialty store
D)variety store
E)leased department store
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40
A ________ is a set of related products a retailer offers.

A)merchandise mix
B)merchandise assortment
C)merchandise breadth
D)product depth
E)product line
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41
Which of the following is NOT true about warehouse clubs?

A)They are not full-service stores.
B)They often charge their customers with a modest annual membership fee.
C)They carry items in bulk.
D)They are a form of discount store.
E)They have not followed the pattern set forth by the wheel-of-retailing hypothesis.
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42
Stop-N-Go and Circle K-small stores that serve consumers willing to pay a higher price for the ease of buying staples close to home-are ________.

A)specialty stores
B)convenience stores
C)supermarkets
D)hypermarkets
E)off-price retailers
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43
Several years ago,the Paradise Surf Shop was the only surf-gear store catering to women.It carried everything the serious female surfer needed to ride the waves.In terms of its merchandise assortment,it had a ________ assortment.

A)shallow and deep
B)narrow and deep
C)shallow and broad
D)broad and deep
E)shallow and narrow
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44
Which of the following types of retail stores would likely offer the broadest assortment of merchandise and services?

A)convenience stores
B)factory outlet stores
C)specialty stores
D)box stores
E)hypermarkets
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45
GameStop sells video games and systems,offering a narrow product line with a deep assortment within that line.GameStop is a(n)________.

A)department store
B)convenience store
C)specialty store
D)general merchandise discount store
E)off-price retailer
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46
Costco's surprise offerings of seconds,overstocks,and closeouts-occasionally including diamonds-is an example of how a retailer can differentiate itself through its ________.

A)merchandise mix
B)services mix
C)destination retailing
D)store atmosphere
E)level of service
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47
Which of the following is true about general merchandise discount stores?

A)They typically have deep and narrow assortments.
B)They typically have shallow and narrow assortments.
C)They do not use price differentiation.
D)They appeal to consumers who want easy access to a lot of merchandise.
E)They are typically full-service retailers.
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48
Department stores carry a narrow range of products with deep assortments within those lines.
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49
The Paper Moon sells gift wrapping paper,stationery,and greeting cards.It does not sell any other products.The number of different kinds of wrapping paper,stationery,and cards make up its ________.

A)point-of-sale range
B)merchandise diversity
C)atmospherics
D)merchandise assortment
E)retail format
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50
Retailers like Sam's Club that promise bottom-dollar prices are often self-service operations.
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51
Which type of store combines the characteristics of a warehouse store and a supermarket?

A)freestanding store
B)department store
C)box store
D)hypermarket
E)factory outlet store
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52
Which of the following stores is most likely to have a narrow assortment of merchandise?

A)a supermarket
B)a factory outlet store
C)a department store
D)a warehouse club
E)a hypermarket
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53
Customers of a ________ buy most of the store's products in larger-than-normal packages and quantities.

A)warehouse club
B)department store
C)factory outlet store
D)leased department store
E)hypermarket
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54
Which of the following statements about department stores is true?

A)Department stores are more successful in America today than they have ever been.
B)Department stores typically offer shallow and narrow assortments.
C)Department stores are more popular in America than they are abroad.
D)Department stores are typically self-service.
E)Department stores were a dominant type of American retailer in the first half of the twentieth century.
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55
ShopWell,a large supermarket chain,wants to offer a wider variety of fresh ready-to-go meals for its customers.ShopWell has contracted with The Great Wall,a Chinese restaurant,and Salad Heaven,a health food restaurant,to set up small take-out areas within the supermarket.This arrangement is an example of ________.

A)convenience stores
B)leased departments
C)specialty stores
D)hypermarkets
E)off-price retailing
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k this deck
56
Which of the following types of retailers obtain surplus merchandise from manufacturers and offer brand-name,fashion-oriented goods at low prices?

A)specialty stores
B)warehouse clubs
C)off-price retailers
D)department stores
E)hypermarkets
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57
In limited-service retail operations,such as specialty stores and first-class department stores,salespeople assist customers in every phase of the shopping process.
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58
Off-price retailers obtain surplus merchandise from manufacturers and offer brand-name,fashion-orientated goods at low prices.
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59
When a gift shop decided to begin selling Blue Ridge pottery,it was modifying its merchandise mix.
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60
A shoe department carries more than 55 different styles of white sandals.This is a description of the shoe department's ________.

A)merchandise breadth
B)retail diversity
C)merchandise depth
D)point-of-sale range
E)service assortment
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61
What is meant by merchandise breadth and depth? Give an example of a store for each of the following: narrow assortment,broad assortment,shallow assortment,and deep assortment.
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62
Why have department stores struggled to survive in the United States in recent years?
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63
Compare and contrast the four types of discount stores.
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64
Which of the following is a type of in-home selling?

A)the party plan system
B)network marketing
C)the pyramid system
D)e-commerce
E)experiential marketing
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k this deck
65
Which of the following prohibits door-to-door selling unless prior permission has been granted by the household?

A)the National Do Not Call Registry
B)a Green River Ordinance
C)permission-based e-marketing
D)network marketing
E)a party plan system
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66
In general,vending machines are best suited for selling which of the following?

A)specialty goods
B)unsought goods
C)capital items
D)food and beverages
E)accessory equipment
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k this deck
67
In ________,a master distributor recruits other people to become distributors.The master distributor sells the company's products to the people she entices to join and receives commissions on all the merchandise sold by the people she recruits.

A)multilevel marketing
B)integrated sales
C)disintermediated sales
D)hierarchical sales
E)party plan systems
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68
________ e-commerce is the online exchange between companies and individual consumers.

A)B2B
B)B2C
C)P2P
D)C2C
E)C2B
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69
Interactive videos,games,and contests are all ways that marketers provide ________ for online shoppers.

A)in-home shopping
B)virtual experiential marketing
C)off-price retailing
D)pop-up marketing
E)network marketing
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70
Which of the following is NOT a benefit provided by e-commerce?

A)It provides consumers the satisfaction of instant gratification.
B)It reduces the cost of doing business.
C)It enables specialized businesses to be more successful.
D)It provides consumers more access to pricing information.
E)It broadens product choices for consumers in smaller communities.
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71
Another name for multilevel marketing is ________.

A)the party plan system
B)network marketing
C)the pyramid system
D)e-commerce
E)experiential marketing
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72
Why might a retailer be interested in using the Census of Retail Trade,which classifies retailers according to the North American Industry Classification System (NAICS)codes?
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73
Which of the following is an illegal sales technique?

A)retailtainment
B)a party plan system
C)a multilevel network
D)a pyramid scheme
E)off-price retailing
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74
What is the merchandise assortment of an airport bookstore that sells only a few books but a large variety of magazines?
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75
Compare and contrast specialty stores and convenience stores.
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76
Which of the following refers to any method a firm uses to complete an exchange that does not require a customer to visit a store?

A)kiosk merchandising
B)nonstore retailing
C)direct selling
D)exchange retailing
E)e-commerce
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77
The purchase of a set of flannel sheets from the Lands' End catalog Web site is an example of ________ e-commerce.

A)B2B
B)B2C
C)POS
D)C2C
E)C2B
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78
Using current sales as a predictor,which of the following products would likely be most effectively sold using direct selling?

A)women's shoes
B)cleaning products
C)baby furniture
D)automobiles
E)pet food
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79
A telephone call from a salesperson requesting you to purchase a subscription to an educational magazine designed to help children improve their math skills is an example of which of the following?

A)direct selling
B)one-way communication
C)direct wholesaling
D)two-way vending
E)e-commerce
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80
Experts predicting that destination retail will be a future trend believe that consumers will soon visit retailers more for ________ than for the basic process of purchasing products.

A)information
B)credit services
C)comparison shopping
D)entertainment
E)social opportunities
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Unlock Deck
Unlock for access to all 161 flashcards in this deck.