A department store chain,based in western Pennsylvania,can best keep in touch with developments in the ladies clothing market,based in New York City,through a(n)________.
A) informal buying organization
B) cooperative buying organization
C) resident buying office
D) inside buying organization

Question

Quizplus · Accepted Answer

The best way for the department store chain to keep in touch with developments in the ladies clothing market in New York City is by establishing a resident buying office in New York City. This buying office will have a physical presence and staff in the city to stay up to date with the latest trends and developments in the market. An informal buying organization or inside buying organization may not have the necessary resources or network to stay informed about the latest developments in the New York City ladies clothing market. A cooperative buying organization involves multiple retailers pooling their resources and purchasing power, which may not be the most feasible option for a department store chain based in western Pennsylvania.

A Department Store Chain,based in Western Pennsylvania,can Best Keep in Touch