Author Question: Shortening the material pipeline in terms of time between suppliers and a buyer can reduce the ... (Read 69 times)

rlane42 · **on:** Jun 29, 2018

Shortening the material pipeline in terms of time between suppliers and a buyer can reduce the average amount of inventory in a system.
a. True
b. False
Indicate whether the statement is true or false

Question 2

This type of retailing is popular in the United States and Canada, but not in the rest of the world.
a. Hypermarkets c. Specialty stores
b. Off-price retailers d. Discount stores

makaylafy · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

True

Answer to Question 2

B
Although this type of off-price retailers are popular in the United States and Canada, in the rest of the world, there are only limited possibilities, other than store sales, for purchasing brand names at a discount. For example, Hugo Boss has an outlet store in Southern Germany, close to its factory, near Stuttgart, and Zurich has a famous designer outlet mall; Italy also has a few outlet stores for its famous designers. None of these examples come close in depth and variety to the North American off-price retailer presence, but that is about to change, as more and more international consumers demand similar deals as the ones offered in the United States.