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Author Question: Retailers like to sell their own brands because of all of the following except: a. Gross margins are ... (Read 29 times)

Collmarie

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Retailers like to sell their own brands because of all of the following except:
 a. Gross margins are higher.
  b. They control their own destiny.
  c. Competitive comparisons are more difficult.
  d. They are exclusive to the retailer.
  e. Consumers prefer private label products.

Question 2

Both K-Mart and Mercedes-Benz use a price/quality positioning.
 
 Indicate whether the statement is true or false



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Joc

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Answer to Question 1

E

Answer to Question 2

T
K-mart places emphasis on the value aspect of its offering. Mercedes-Benz, on the other hand, suggests that its product is the best money can buy. In both instances, the company is using a price/quality positioning strategy. Thus, both K-Mart and Mercedes-Benz use a price/quality positioning.




Collmarie

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


steff9894

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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