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https://platform.virdocs.com/r/s/0/doc/2229123/sp/281619173/mi/823775908?cfi=%2F4%2F2%5BP70010134000000000000000000014A1%5D%2F2%2F2%5BP70010134000000000000000000145E4%5D%2F4%2C%2F1%3A0%2C%2F1%3A0&fi=P70010134000000000000000000014A1&menu=table-of-contents Chapter 4: What are the 3 retail industry classification categories and the 6 ownership forms discussed in Retail Management? What competitive advantages and disadvantages
https://platform.virdocs.com/r/s/0/doc/2229123/sp/281619173/mi/823775908?cfi=%2F4%2F2%5BP70010134000000000000000000014A1%5D%2F2%2F2%5BP70010134000000000000000000145E4%5D%2F4%2C%2F1%3A0%2C%2F1%3A0&fi=P70010134000000000000000000014A1&menu=table-of-contents
Chapter 4:
- What are the 3 retail industry classification categories and the 6 ownership forms discussed in Retail Management?
- What competitive advantages and disadvantages do regional chains have in comparison with national chains...Amazon, Walmart?
- Do you believe that independent retailers will soon disappear from the retail landscape? Explain your answer.
- What is Duel Marketing? What are its benefits? Give an example to explain.
Chapter 5:
- Contrast 2 different retail operations to define the principle of a Retail Strategy Mix.
- Relative to the Wheel of Retailing theory, where would you place Walmart and Amazon on the wheel? Or would you have to mark another location on the wheel...if so explain?
- Define Scrambled Merchandising and give 2 examples of retailer who utilize scrambled merchandising.
- Explain Value-Driven retailing. Name 2 Retailers who are considered value-driven retailers.
- Explain the differences between a grocery store and a large convenience store.
Chapter 6:
- Differentiate among single-channel, omnichannel and multichannel retailing.
- What are the two main decisions to be made in the business definition stage of planning a direct marketing strategy?
- Differentiate between direct selling and direct marketing. What are the strengths and weaknesses of each?
- From a consumer's perspective, what are the advantages and disadvantages of the Web?
- Do you think web (non-store) retailing will eventually eliminate Store-based shopping and buying?Justify your response.
- What is the highest priced item you have purchased from your cell phone?
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