Podcast
Questions and Answers
Retailing is one of the important subjects for Business Marketing Students to understand the channel and product structures conclude ______
Retailing is one of the important subjects for Business Marketing Students to understand the channel and product structures conclude ______
retailer
This means that no matter how a product starts its journey, it almost always ends up at a ______
This means that no matter how a product starts its journey, it almost always ends up at a ______
retailer
While a manufacturer may produce products, pass through a wholesaler, or involve transactions with brokers or agents, retailers are the ones with direct connection to the ______
While a manufacturer may produce products, pass through a wholesaler, or involve transactions with brokers or agents, retailers are the ones with direct connection to the ______
consumers
At the end of this module, it is expected that you would be equipped with the knowledge, customer service and communication skills, strategic and analytical thinking, attention to detail, and values necessary in the operation of the lodging business, which you can use once you become a skilled marketing ______
At the end of this module, it is expected that you would be equipped with the knowledge, customer service and communication skills, strategic and analytical thinking, attention to detail, and values necessary in the operation of the lodging business, which you can use once you become a skilled marketing ______
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Retailing - A business activity that adds value through the products or services sold to the ______ for their personal or family use
Retailing - A business activity that adds value through the products or services sold to the ______ for their personal or family use
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The retailer is a business that sells products and services to ______ for personal or family use
The retailer is a business that sells products and services to ______ for personal or family use
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The retailers add value and are more efficient at adding this value than manufacturers or wholesalers. Retailers typically buy products from ______ and Manufacturers and resell to Consumers.
The retailers add value and are more efficient at adding this value than manufacturers or wholesalers. Retailers typically buy products from ______ and Manufacturers and resell to Consumers.
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It is easier and cheaper for consumers to cut out the middlemen, the wholesalers, and retailers and buy directly from ______.
It is easier and cheaper for consumers to cut out the middlemen, the wholesalers, and retailers and buy directly from ______.
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Wholesalers buy and store merchandise in large quantities from ______ and resell to retailers.
Wholesalers buy and store merchandise in large quantities from ______ and resell to retailers.
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Vertical integration: when a firm performs more than one set of activities in the ______.
Vertical integration: when a firm performs more than one set of activities in the ______.
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Backward integration: arises when a retailer performs some ______ and manufacturing activities.
Backward integration: arises when a retailer performs some ______ and manufacturing activities.
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Forward integration: occurs when a manufacturer undertakes retailing and ______ activities.
Forward integration: occurs when a manufacturer undertakes retailing and ______ activities.
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One of the reasons the retail industry is so large and mighty is its ______.
One of the reasons the retail industry is so large and mighty is its ______.
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Their very wide product mixes characterize ______.
Their very wide product mixes characterize ______.
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A large retail market that sells food and other household goods, which usually operates on a self-service basis: a ______.
A large retail market that sells food and other household goods, which usually operates on a self-service basis: a ______.
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A hypermarket is a retail store that merges a department store and a grocery ______.
A hypermarket is a retail store that merges a department store and a grocery ______.
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