Describe how nonstore retailing has recently grown

What will be an ideal response?

Though most purchases are still made in stores, more and more consumers are now shopping using a broad range of nonstore alternatives, including catalog shopping, direct selling, and automated vending. Easy-to-use Web sites, improved online service, and sophisticated search engines have all helped online business grow at a faster rate than retail buying. All types of retailers now use direct and online channels, with traditional bricks-and-mortar retailers selling online.

Business

You might also like to view...

The practice of ________ involves a firm injuring competition by charging different prices to different members of its distribution channel

A) price fixing B) price lining C) price bundling D) deceptive pricing E) price discrimination

Business

Use the information in Scenario 4.7. What is the pre-tax cash flow (net present value) for alternative #1 compared to the base case of doing nothing for the next five years?

A) negative pre-tax cash flow B) more than $0 but less than $100,000 C) more than $100,000 but less than $200,000 D) more than $200,000

Business