Of the following types of retail stores, _____ tend to suffer the most during recessions because customers buy from other types of stores. A.specialty stores B.department stores C.general merchandise discount stores D.off-price retailers Clothing stores such as Gap, Victoria’s Secret, and Acorn would be classified as A.specialty stores B.department stores C.general merchandise discount stores D.off-price retailers
Q: 11. An economic activity that is engage in buying and selling of goods and services in exchange of…
A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…
Q: Outline the risks faced by agricultural producers and the methods of managing these risks. 1. Which…
A: Risk faced by agricultural producers are Production Risk Marketing Risk Financial Risk Legal Risk…
Q: Do research online to find out more about some of the e-commerce initiatives of other social…
A: With the dawn of digitalization and globalization across all the regions of globe, most of the…
Q: Movie rental stores used to be a vibrant business within the United States, but with the invention…
A: The initial business model was to allow people to rent videos by choosing them online and having…
Q: Taxes, unemployment, and inflation that affects retail business
A: There are many factors, which affect the retailers. Some of them are technological factors, economic…
Q: As a manager what strategy, style, or action plan in Scope for Reducing Costs in terms of Improving…
A: Below is the solution:-
Q: Give your own description of the following terms: 1. Market 2. Types of market 3. Business
A: 1. Market : it is the place where exchange or transactions of products or services takes place. At…
Q: Which of the following is true regarding diversification? A) Diversification is classified into…
A: Diversification means switching into a new sector in order to reduce risk and volatility and…
Q: Which of the following represents the challenges of entrepreneurs? A) Absence of consistently…
A: Entrepreneurs are those individuals who come up with a unique idea and set up a business enterprise…
Q: How would you approach this issue if you were the manager in charge of sourcing raw materials for…
A: LEGO is advancing with the ambition of discovering new sustainable alternatives and executing to the…
Q: If you were a manager of a medium-sized business, how will you determine the internet Net markets to…
A: Medium-sized trades are distinct within the Corporations Act 2006 as a professional with up to 250…
Q: It makes sense for a firm to vertically integrate only if ___________ 1.Transactions costs in the…
A: A business runs through lots of operations for creating the end product. These Operations holds…
Q: what are implications and the decisions made by vinsun infra company ? Please do fast ASAP fast
A: Vinsun Infra Company Provides electrical and civil services across India as their line of business.…
Q: The key to entrepreneurial success over time is to build a competitive advantage. O sustainable O…
A: Business is an activity of making money or one’s living by producing some products or services or…
Q: 1. Why has Amazon succeeded online when so many other companies have failed? 2. Will the Kindle…
A: Amazon has been very well able to create proposition and at the same time it is effectively…
Q: What are some advantages of Walmart purchasing established web businesses? (Explain a minimum 2…
A: Walmart if one of the largest supermarket chain all around the world where more that 2.2 million…
Q: How have changes in technology contributed to the globalization of markets and production? Would the…
A: Markets have become global. The organizations are researching and adapting according to the changes…
Q: Discuss the competitive forces in the industry in which Airbnb is competing and provide evidence…
A: Five forces model of Michael Porter is an instrument for regularly diagnosing the imperative…
Q: ) Fill in the blanks. A business that has a large market share and is in an industry with…
A: The BCG Matrix classifies the products into four categories. These are star, cash cow, question mark…
Q: In the context of a selected regional organization, explain the concept of ‘four Es’: economy,…
A: 4E’s: 4E’s stands for Economy, Efficiency, effectiveness and Equity and its helps to…
Q: How should Tiffany & Co. revamp its image and to return to its former glory by assessing the…
A: Competitive Forces: These are the direct and indirect factors that act as an obstacle in the growth,…
Q: Explain how the economies of customer retention could benefit a subscription service like Netflix.…
A: The most important factor behind the success of any business is their customers. More customers help…
Q: How
A: A downward trend in the business cycle leads to a recession in the economy which has a cascading…
Q: What PESTEL forces (see Chapter 8) have contributed to the transformation of the retail industry?
A: Note: I have answered for 1st question. Kindly post the remaining questions separately. PESTEL…
Q: Please answer completely but concisely! What are the principles of Pay As You Go (PAYGO) employment…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Why did the market for mechanical calculators grow significantly in the late nineteenth century?
A: At the conclusion of the last section, it was noted that the overall reception of a notational…
Q: Discuss five ways information technology can be used to support business strategy to achieve…
A: Creating a company's communications networks, safeguarding data and documents, creating and managing…
Q: Read the instructions in full before you attempt to answer. In section 1 below, a total of eight…
A: After going through the scenario presented above in the question. We would like a make a product…
Q: In which stage of decision making, evaluation of industry, resources and estimate of sales are done?…
A: Marketing analysis is done to screen the internal and external factors of the firm for achieving…
Q: Understanding business environment is essential task of Top management. Profitability is influenced…
A: The microenvironment is an environment that has a direct impact on the business. It is related to a…
Q: SWOT analysis information to discuss and critically analyze Strengths, Weaknesses, Opportunities and…
A: Debit and credit cards are used by companies to facilitate safe payments by their customers. All the…
Q: the business idea is about Selling agricultural products I want the answer for these two question…
A: Market Segmentation can be referred to as the procedure or activity of grouping the whole market…
Q: Choose either SAP or ODO0 for each company below and explain why you choos it Company A Company B…
A: SAP is an ERP software that has been created by a German company, SAP SE. SAP includes modules for…
Q: Model Assumptions and Resultant Outcomes The AD-AS and AE models you have used have different…
A: Coronavirus has had a huge impact on the economic process thanks to lockdown and shutdowns and…
Q: iolet Dreams is a company engaged in the manufacture of dolls, pillows, and stuffed toys teddy…
A: A business strategy can be referred to a set of guidelines formulated to reach a specific business…
Q: Choose either SAP or ODOO for each company below and explain why Company A Company B Company C Less…
A: Manufacturing is the process of producing final products using different manufacturing resources…
Q: Michael Porter argues that business operates within the frenzy and flux of five different forces…
A: In the year 1979, Michael Porter developed the Five Forces of Competitive Analysis to evaluate the…
Q: What are the Associated Bank Corp's core competencies? How are they unique to their competitors?
A: A core competency is a concept in management which means combination of multiple resources and…
Q: Which of the following is used for industry level analysis O a. Triple Bottom Line O b. SWOT O c.…
A: The industry-level analysis is the way of determining the company’s position in the market as…
Q: Define cause marketing in the context of a nonprofit organization’s earned income strategy. What are…
A: Cause marketing in relation to the earned income strategy of a non-profit organization should strive…
Q: Mohammed has the ability to move quickly in response to changing market needs. This relates to which…
A: Entrepreneurship is the ability and readiness to develop, organize and run a business enterprise,…
Q: good day tutor! im here to cure my doubts i hv 1 question. please kindly help solve. Required:…
A: PESTEL analysis is a strategic tool to analyze the macro environment of the organization.
Q: 1. How has Lululemon handled various ethical issues that it has faced over the last few years? 2.…
A: Answer 1 Lululemon has been directing free week after week yoga classes and furthermore offers 15%…
Q: This type of start up prioritizes longevity instead of scalability. Select one: a. Large…
A: The main aim of a start-up corporation is to generate a product that targets an unexploited…
Q: To be more viable, your health care practice must have an entrepreneurial focus and be innovative.…
A: In the given statement, we are provided with a piece of information that states - "To be more…
Q: 11. An economic activity that is engage in buying and selling of goods and services in exchange of…
A: Answer: 11.) (B) Commerce Commerce is an economic activity that is engage in buying and selling of…
I need help with these two questions
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Telephone and direct-mail retailers: have real trouble selling because they only target the really wealthy. have real trouble reaching their target markets, since their customers are so dispersed geographically. can do well with products that would be unprofitable for a local retailer to carry. All of the above are true. None of the above is true.1. What are the pros and cons of a firm such as Apple having its own retail facilities and E-commerce Web site (www.apple.com) as well as selling through traditional retailers?What retail factors outside of Target’s control should they be looking at to help predict future growth and profitability? For example, personal disposable income, technology, competition.
- 1. Explain the between disposable and discretionary income. Which is more important to retailers? 2. Although the general level of consumer satisfaction is declining, some retailers claim that this is not actually a bad sign. Why? Explain. 3. Identify and describe some bases for segmenting retail markets. How would a retailer use them?Give the Support points of this following benifits: The advantages of secondhand clothes include financial savings •Suitability for other people, including both boys and girls. •Additionally, there are many benefits to purchasing secondhand clothing that go far beyond your own wardrobe. You can not only discover one-of-a-kind things, try out new looks, and uncover amazing discounts . •Purchasing used clothing is good for the environment and your budget because some of it is branded. •Some clients find that used apparel satisfies their needs. •The chance to find one-of-a-kind pieces that nobody else owns is one of the best things about buying used clothing.Imagine your retail shop is going into bankrupcy during this economic crisis due to COVID19. You are trying to revive back your business by venturing into an online store. Now you have to focus on selling brands rather than selling products. How do you change the perception of your customers using the issues below: Issues in consumer imagery: 1.Product positioning and repositioning 2.Positioning of services 3.Perceived Price 4.Perceived quality 5.Store service image 6.Manufacturer’ image 7.Perceived risk
- Spend a little bit of time browsing Alibaba.com and looking at some examples of the many goods that are available to buy on that website. In comparison to making a purchase on Amazon.com, what are some of the logistical considerations that must be taken into account while making a purchase on Alibaba.com?Assume you are considering opening a retail business. You are trying to decide whether to have a traditional “brick-and-mortar” store or to sell only online. Explain how the activities and costs differ between these two retail arrangements.What are the competitive advantages when selling online. Please answer the question. Thank you.
- For problems 1-3, please refer to this article on Ocado. https://www.bbc.co.uk/news/business-54352540 1. What can we say about existing rivalry in the market of online retailers? a. This force is week because of strong brands and stabile market shares. b. This force is medium level, because the market is quite concentrated but consumers are quite loyal. c. Existing rivalry is strong because the market is quite concentrated, switching costs are relatively low and the different firms' services are not especially differentiated. d. Rivalry is strong because suppliers and not concentrated and entry barriers are low. 2. How would you evaluate the threat of buyers in this market? a. It is relatively weak, because OCADO sells for final consumers who are not concentrated and have a weak bargaining power. b. It is strong, because Tesco and Amazon are large firms with larger market shares than Ocado. c. It is medium level, because OCADO cannot easily switch across its buyers.…Have some time to browse Alibaba.com and take a look at some of the products that are offered for sale there. What are some of the logistical factors that are different between buying something on Alibaba.com and buying something on Amazon.com?One of your friends is contemplating opening food cart near your campus. She seeks your advice about size of the prospective customer base and how to market the business according to the 7 Ps. What strategies can you share with your friend to assist in launching the business?