According to Schilit, a change of more than 2% in gross margins from year to year is worth a closer look

Which of the following is true for retailing?

A) Manufacturers are not considered to be retailers as they are engaged in producing the product. B) Vending machines are considered to be retailing only if they are located within stores. C) Retailing deals only with goods; it does not include services. D) Selling from a consumer's home is direct selling, but not retailing. E) Wholesalers are only considered to be retailers if they are selling to final consumers.

Distinguish between attitudes and values. How do cultures differ in their attitudes toward cultural change?

What will be an ideal response?