sell standard merchandise at lower prices by accepting lower margins and selling higher volume.
A)Discount stores
B)Factory outlets
C)Merchant wholesalers
D)Limited- service retailers
E)Full- service retailers

Question

Quizplus · Accepted Answer

Discount stores are known for selling standard merchandise at lower prices by accepting lower margins and selling higher volume. They typically offer a limited assortment of products, but at significantly lower prices than other retailers. Examples include Walmart and Target. Factory outlets (B) sell specific brands at lower prices, but not necessarily standard merchandise. Merchant wholesalers (C) buy large quantities of goods from manufacturers and sell them to retailers or other businesses, but do not typically sell directly to consumers. Limited-service retailers (D) offer fewer customer services than full-service retailers (E), but this distinction does not necessarily correspond with selling standard merchandise at lower prices.

Sell Standard Merchandise at Lower Prices by Accepting Lower Margins