Business 193

subject Type Homework Help
subject Pages 2
subject Words 180
subject Authors James R. Carver, Patrick M. Dunne, Robert F. Lusch

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Many retailers do a very poor job at engagement.
Private label branding is an example of using nonprice competition to achieve a
protected niche.
Divertive competition can be intratype, but not intertype.
A markup of 100 percent based on cost is the same as a 50 percent markup based on
selling price.
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The major benefit of the free flow layout is that it exposes shoppers to the greatest
possible amount of merchandise.
One frequent form of conflict in a customer's choice criteria is the desire for a product
to possess two or more attributes that are mutually exclusive.
As consumer mobility increases, the size of a store's trading area will decrease.
To be most effective, merchandise should be displayed in vertical bands of color
wherever possible.

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