Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN: 9781285193946
Author: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher: Cengage Learning
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Question
Chapter 13, Problem 5DQ
Summary Introduction
To determine: The product non-store retailers offer to their customers that in-store retailers fails to provide.
Introduction: Retailers purchase from the wholesalers and sell the products to the buyers. Retailing is a distribution channel work where one firm purchases products from supplying firms or produces the product on their own, post production they sell these specifically to customers.
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What services will non-store retailers provide to their clients that in-store retailers cannot?
In what ways wholesalers help retailers?
Do wholesaling intermediaries provide any ultimate value to customers, or do they just interfere with the process of retailing? Explain the reasons for your answer. What role has technology, including online shopping, played in retailing and wholesaling transactions?
Chapter 13 Solutions
Foundations of Business - Standalone book (MindTap Course List)
Ch. 13 - Prob. 1CCCh. 13 - Prob. 2CCCh. 13 - Prob. 3CCCh. 13 - Prob. 4CCCh. 13 - Prob. 5CCCh. 13 - Prob. 6CCCh. 13 - Prob. 7CCCh. 13 - Prob. 8CCCh. 13 - Prob. 9CCCh. 13 - Prob. 10CC
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- What are some major differences in supply chain management between traditional retailers and e‐commerce retailers?arrow_forwardWhat role do physical distribution and supply chain management play in attracting and satisfying customers?arrow_forwardWho is the middleman between the wholesalers and the consumers? Manufacturer Broker Retailer Wholesalerarrow_forward
- How can an online store, from a computer science perspective, maintain account of what its consumers purchase?arrow_forwardWere direct sale supply chains often less costly without retail stores than a supply chain of retail stores?arrow_forwardIn order to adopt a multi-, or omnichannel business model, retailers need to manage increased complexity as they try to integrate different channels, technologies, skills, logic, etc. into one seamless retail experience. In this assignment, you are to reflect on the omnichannel business model from an e-commerce perspective. Your reflection should include (but is not limited to) thoughts on why omnichannel is regarded as a crucial retail strategy to adopt, regardless if you are a brick-and-mortar, brick-and-click or a pure e-commerce retailerarrow_forward
- What are the primary factors that influence how carriers price their products?arrow_forwardDescribe the retailing sector in the United States in terms of size, major companies, and marketing channels.arrow_forwardExplain why it is that such a large percentage of retail sales still take place in physical brick-and-mortar stores as opposed to online.arrow_forward
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