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What is a Universal Product Code (UPC)? How does this code enable manufacturers, distributors, and retailers to track merchandise throughout the supply chain?
Consider your own purchasing behavior, and describe how various categories of merchandise would result in different reactions to a stock out.
How could this markdown influence demand, sales, and profits?
What types of retailers often use a high/low pricing strategy? What types of retailers generally use an everyday low-pricing strategy?
Consider place, deadlines, past relationship, possible objections, options for mutual gain, and how to maintain a professional relationship.
What are retailers doing to be more socially responsible in buying merchandise? Why are they becoming more socially responsible?
Explain your preference. Explain why a grocery store, such as Kroger, offers more than one tier of private-label brands within a particular product category.
Why have retailers found exclusive private labels to be an appealing branding option? Choose a department store, a discount store, and a grocery store.
Does your favorite clothing store have private-label brand strategy? If yes how does it build store loyalty? If no how could private-label brand create loyalty?
What is the difference between counterfeit, graymarket, and black-market merchandise? Is the selling of this type of merchandise legal?
What issues would you consider when deciding whether you should buy from Mexico or China or find a source within the United States?
A buyer at a sporting goods store in Denver receives a shipment of 400 ski. What issues should the buyer consider in evaluating the selling season's progress?
Why would a Payless Shoe Source store locate in a neighborhood shopping center instead of a regional shopping mall?
Retailers are developing shopping centers and freestanding locations in central business. What are the benefits and problems associated with gentrification?
Describe the advantages and disadvantages of its current location, given its target market.
Discuss Walgreens' performance against direct external competition using the financial data and ratios.
How does the strategic profit model assist retailers in planning and evaluating the performance of their marketing and financial strategies?
Buyers' performance is often measured by the gross margin percentage. Why is this measure more appropriate than net profit percentage?
Amazon started as an Internet retailer selling books. What competitive advantages does Amazon bring to each of these businesses?
Discuss a store or service provider that you believe has an effective loyalty program. Explain why it is effective.
What type of growth opportunity was The Gap pursuing when it opened each of these retail concepts? Which is most synergistic with the original Gap chain?
Transportation of Hazardous materials: Rail vs. Truck and the impact upon first responders. Different ways to handle a hazardous materials spill.
Read the article in the textbook: "Is a Strong Currency Always in a Nation's Interest?"
This assignment will come from on page 2.7. Review the case named "Electroplater Who Claims He Has No Hazardous Waste".
Reply to a peer and discuss their experience with trade or globalization. Was your peer's experience like yours?