Which of the following is true of vending machines?
A) Vending machine sales now account for almost 20 percent of consumer spending.
B) Vending machine retailing requires a lower margin to cover costs than for comparable products sold in stores.
C) Vending machine retailing has been declining.
D) Vending machine sales now include higher-margin products like bathing suits.
E) None of these answers is correct.
Correct Answer:
Verified
Q210: Regarding retailing,which of the following statements is
Q211: Convenience (food)stores
A)have no competitors.
B)charge about the same
Q212: Warehouse clubs such as Sam's Club and
Q213: Mass merchandising focuses on low prices and
Q214: Which of the following statements about convenience
Q216: Which of the following characterizes vending machines
Q217: Time-pressured,dual-career families are a prime target market
Q218: Which of the following statements about stockturn
Q219: The retailer's monthly numbers show rising inventory,which
Q220: Convenience (food)stores offer
A)wide assortments.
B)low prices.
C)more customer service
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