The American Tie Company, a necktie retailer, offers a deep assortment of men's neckties. The American Tie Company is best described as a(n) ________
A) department store
B) supermarket
C) specialty store
D) discount store
E) off-price retailer
C
Business
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Which of the following statements regarding retailers is CORRECT?
Business
The difference between the initial markup and maintained markup is based on _____
a. markdowns, added markups, shortages, and discounts b. markdowns, shortages, and discounts c. seasonality and style preferences d. the need to match the prices of competitors
Business