Mastering Retail Strategies
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Questions and Answers

Which companies are tapping key provincial areas in the Philippines?

  • SM Mall of Asia and Landers
  • SM, Ayala, and Robinsons (correct)
  • IKEA and S&R
  • Dell Computers

What is the difference between OMNI Channel and Multi-Channel?

  • OMNI Channel is for online sales, while Multi-Channel is for physical stores
  • OMNI Channel is more expensive than Multi-Channel
  • OMNI Channel is focused on B2B, while Multi-Channel is focused on B2C
  • OMNI Channel is centered around the customer, while Multi-Channel is centered around the product (correct)

What does the term 'retailing' mean?

  • To cut a piece off or break bulk (correct)
  • To add value to products and services
  • To bring products to end users
  • To sell products to consumers

Which companies are mentioned as notable examples in the text?

<p>SM Mall of Asia and S&amp;R (B)</p> Signup and view all the answers

What is the ultimate goal of retail stores according to the text?

<p>To bring products to end users (A)</p> Signup and view all the answers

True or false: Dell Computers succeeded in selling units and accepting customized orders without maintaining Brick-and-Mortar Stores?

<p>True (A)</p> Signup and view all the answers

True or false: The leading stores in the Philippines have a wider size coverage of Superstores?

<p>True (A)</p> Signup and view all the answers

True or false: Retail giants like SM, Ayala, and Robinsons are tapping key provincial areas in the Philippines?

<p>True (A)</p> Signup and view all the answers

True or false: OMNI Channel is centered around the customer, while Multi-Channel is centered around the product?

<p>True (A)</p> Signup and view all the answers

True or false: Retailing is a set of business activities that adds value to the products and services sold to consumers coming from the point of production?

<p>False (B)</p> Signup and view all the answers

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