Regarding supermarkets, which of the following statements is TRUE?
A) It's best to think of supermarkets as "conventional retailers."
B) Supermarket net profits after taxes usually are about 1 percent of sales--or less.
C) Worldwide, supermarkets make up the majority of food stores.
D) The early supermarkets were based on the premise that consumers would pay more for better selection and service.
E) All of the above are true.
Correct Answer:
Verified
Q212: Which of the following are large, self-service
Q214: A "supercenter":
A) tries to provide all of
Q215: Which of the following are NOT "conventional
Q216: Supermarkets:
A) Usually earn net profits that are
Q217: Expanded assortment and/or reduced margins and service
Q219: A retail store that averages about $17
Q221: Time-pressured, dual-career families are a prime target
Q222: Convenience (food) stores:
A) have no competitors.
B) charge
Q223: Regarding automatic vending, which of the following
Q224: Which of the following statements about convenience
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