Which of the following statements about retail buying is FALSE?
A) In most retail operations, a "resident buyer" runs his own department--and his decision is final.
B) Most retail buyers see themselves as purchasing agents for their target customers.
C) Retail buyers make most purchases as straight rebuys.
D) A retail buyer is usually "open to buy" only when s/he has not spent all of the budgeted funds.
E) Resident buyers are independent buying agents who help producers and intermediaries reach each other inexpensively.
Correct Answer:
Verified
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