1. Define the following and their key characteristics:
   1. "Purchasing in the Domestic Marketplace".
   2. "Purchasing in the Wholesale Markets"
2. List and explain the advantages and disadvantages of the different buying options available to buyers.
3. List and describe the different market settings where buyers make their initial selections.
4. Why is it important for a buyer make RBO visits?
5. Explain why some industries use catalogs to sell to retail buyers? Is this approach still feasible due to the Internet? Why or Why Not?
6. List and explain the 3 techniques buyers used for merchandising acquisition

Explain why wholesale product acquisition is better thruthe internetthan thruvendors' catalog