November 22 nd. 1. Which of the following would be most likely to have the least amount of breadth? a. Wal-Mart b. Macy’s c. Footlocker d. Rite-Aid e.

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Presentation transcript:

November 22 nd

1. Which of the following would be most likely to have the least amount of breadth? a. Wal-Mart b. Macy’s c. Footlocker d. Rite-Aid e. Albertson’s

2. Which of the following is NOT a common buying error? a. Buying merchandise that is priced either too high or too low for the store’s target market. b. Buying the wrong type of merchandise or buying merchandise that is too trendy. c. Having too much or too little basic stock on hand. d. Buying from too many vendors.

3. Retailers that offer extended shopping hours are more likely to pursue a _______ policy. a. pricing above the market b. pricing where profits are maximized c. flexible pricing d. following the competition e. bundling price

4. An example of a ______ pricing policy is when movie theaters give discounts to special groups, such as seniors. a. Customary b. Leader c. Specified d. Flexible

5. Which holiday are we going to celebrate on Thursday? A) Harry Potter appreciation Day B) Indiana Jones Day C) Thanksgiving Day D) Potato awareness Day