All of the activities involved in acquiring particular goods and/or services and making them available at the places,times,prices,and quantities that will enable the firm to reach its goals comprise ________.
A) merchandising
B) financial merchandise management
C) retail pricing
D) a centralized buying organization

Question

Quizplus · Accepted Answer

Merchandising involves all the activities related to acquiring goods or services and making them available to customers at the right time, place, price, and quantity. Financial merchandise management refers specifically to the financial aspects of merchandising, while retail pricing refers to the pricing strategy used in merchandising. A centralized buying organization is a specific aspect of merchandising that involves having a central team responsible for procurement of goods and services for multiple retail locations. However, none of the options fully encompass all the aspects of merchandising.

All of the Activities Involved in Acquiring Particular Goods And/or