An advantage to a high level of stock turnover is that _____
a. there are few lost sales
b. quantity discounts are high
c. merchandise on shelves is fresh
d. low prices affect gross margins
c
Business
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Some companies deemphasize price and use other marketing mix tools to create non-price positions in the marketplace
Indicate whether the statement is true or false
Business
The beginning of the wheel of retailing (when low-price institutions first appear) corresponds to which retail life cycle stage?
a. decline b. accelerated development c. introduction d. maturity
Business