Which of the following is an impact of the Great Recession on retailing trends?
A) economic shift toward higher prices
B) lower costs for retailers
C) tighter consumer spending patterns
D) longer retail life cycles
E) prohibition on new retail forms
C
Business
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Athleisure, Inc. sells athletic gear by sending customers a catalog nine times a year. The company has no retail stores or website, but offers a toll-free order number that operates 24 hours a day, 365 days a year. Athleisure, Inc. sells using a technique known as
A. multilevel marketing. B. telemarketing. C. teletailing. D. indirect marketing.
Business
________ forecasting methods assume that the demand forecast is highly correlated with certain factors in the environment (the state of the economy, interest rates, etc.)
A) Qualitative B) Time-series C) Causal D) Simulation
Business