A U.S.-based apparel retailer can best keep in touch with developments in the leather accessories market based in Florence,Italy,through a(n)_____.

Question

Quizplus · Accepted Answer

A resident buying office in Florence, Italy would be the best option for the U.S.-based retailer to stay up-to-date on developments in the leather accessories market. This office would be located in close proximity to the market and would have firsthand knowledge of industry trends and developments. An inside buying organization would be limited to the retailer's own knowledge and resources and may not have the same level of expertise. An informal buying organization would lack the structure and organization of a dedicated office. A centralized buying organization may not be as effective in staying up-to-date on a specific market if it is spread out over multiple locations.

A US-Based Apparel Retailer Can Best Keep in Touch with Developments