rise up
Which of the following holds large quantities of product that are later sent either to retail locations or directly to customers?
Distribution Center
What kinds of things does a manufacturer produce?
Finished Products
Which of the following terms best describes a grower of potatoes?
Manufacturer
Which of the following is a term for the retailing approach that places the focus on creating a seamless shopping experience for customers by integrating multiple channels?
Omnichannel
which of the following is a term for physical goods that are bought and sold?
Product
Approximately what percentage of U.S. jobs are retail jobs, as of 2019?
20-25%
Which of the following is the standard definition of a retail ecosystem?
An interconnected system of approaches for meeting the goal of retailing, which is to provide customers with the merchandise and services they want.
The majority of retailers are:
Independently owned
which of the following is a standard term that describes the audience of retail stores that is, the people who will buy things from the stores?
Customers
Which of the following is a term for intangible things, such as providing delivery, that are sold by retailer?
Services