
The Guitar Center traces its roots to 1959 when Wayne Mitchell opened a home organ store in California. In 1964, the company began selling guitars and amplifiers and changed its name to the Guitar Center. The company added stores gradually and today is known as the largest musical instrument retailer in the world. The company continues to grow and maintains over 250 stores across the United States. According to their website, "Guitar Center is home to the world's largest selection of popular guitars, basses, amplifiers, keyboards, workstations, drums, percussion, microphones, PA systems, DJ equipment, stage lighting, recording software, studio gear and more." Assume that you are one of the brand managers for a line of products such as guitars or keyboards. Which of the following would be most important to you in assisting you to forecast sales and plan inventory levels for the chain of stores?
A) consumers' discretionary income
B) consumers' wealth
C) consumers' debt
D) consumers' disposable income
Correct Answer:
Verified
Q151: Chad has a good-paying job. However, even
Q152: The Federal Reserve Bank just issued its
Q153: Which of the following provides protection for
Q154: Procompetitive laws are those designed to
A) preserve
Q155: Jameson receives $50,000 in income. He paid
Q157: The Children's Online Privacy Protection Act prohibits
Q158: Emily got a new job that pays
Q159: What roles do the Better Business Bureau
Q160: Which of the following acts was enacted
Q161: The FTC can issue a cease-and-desist order,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents