Kara wants to open a retailing outlet in her town. Her family has been in the business of selling hardware items before. She wants to take this business forward by opening a store that caters to the hardware supplies industry. What kind of retail outlet will Kara most likely open? A. discount retailer B. supermarket C. department store D. specialty retailer E. convenience store

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter15: Retailing, Direct Marketing, And Wholesaling

Section15.2: Lowe’s Taps Technology For Retailing Edge

Problem 2C

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. Dolla Financial “I used to work at NCB (National Commercial Bank). When I left NCB, I started my first loan company at the age of 24, a company called M24 Investments in Lucea, Hanover,” Kadeen Mairs reflected as he took a deep breath. Mairs, previously worked as a loans officer at various branches of the NCB in rural Jamaica. “While I was working at the bank I would visit small businesses in need of loans, but because of the requirements to get these loans, a lot of the small businesses would not qualify to get the loan. But I could see the potential in these businesses and I realised there was a market for loans to informal businesses that are not structured enough to access credit from the bank,” he continued. “That was a big market so I decided to tap into that market starting small. I took a loan and on lend that money to small businesses.” He said the seed funds for his company came through two loans totalling $4 million. “When I started out in Lucea, I used to give loans…
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Dolla Financial “I used to work at NCB (National Commercial Bank). When I left NCB, I started my first loan company at the age of 24, a company called M24 Investments in Lucea, Hanover,” Kadeen Mairs reflected as he took a deep breath. Mairs, previously worked as a loans officer at various branches of the NCB in rural Jamaica. “While I was working at the bank I would visit small businesses in need of loans, but because of the requirements to get these loans, a lot of the small businesses would not qualify to get the loan. But I could see the potential in these businesses and I realised there was a market for loans to informal businesses that are not structured enough to access credit from the bank,” he continued. “That was a big market so I decided to tap into that market starting small. I took a loan and on lend that money to small businesses.” He said the seed funds for his company came through two loans totalling $4 million. “When I started out in Lucea, I used to give loans…