Which of the following is true of store retailers?
A) A hard-discount store offers a wider merchandise mix than discount stores at higher prices.
B) A discount store offers leftover goods, overruns, and irregular merchandise sold at less than retail.
C) A specialty store generally stocks a very narrow product line.
D) An extreme value store generally has a broad selection of high-markup, brand-name goods.
E) A catalog showroom is a large, low-cost, low-margin, high-volume, self-service store.
C
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Any person to whom the commissioner has issued a seizure order and who refuses to deliver any books, records, or assets of an insurer faces:
A. A felony punishable by a fine up to $1,000, a year in prison, or both. B. A misdemeanor punishable by a fine up to $1,000, a year in jail, or both. C. A misdemeanor punishable by a $5,000 fine, if unintentional, or $10,000, if intentional. D. Administrative fines only.
All members of the supply chain should determine their position in the chain, identify their partners and their roles, and establish partnerships whose focus is
a) shifting costs to suppliers. b) maximizing costs. c) maximizing technology implementation. d) cooperation with competitors. e) customer relationships.