This topic contains a solution. Click here to go to the answer

Author Question: What does is private label merchandise? What will be an ideal ... (Read 62 times)

cmoore54

  • Hero Member
  • *****
  • Posts: 568
What does is private label merchandise?
 
  What will be an ideal response?

Question 2

Buyers are evaluated by:
 
  a. comparing this year's sales figures to last year's figures.
  b. comparing percentage of sales increase or decrease to that of similar departments in other stores.
  c. comparing this year's sales figures to planned sales figures.
  d. all of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

gstein359

  • Sr. Member
  • ****
  • Posts: 293
Answer to Question 1

Private label merchandise describes goods designed and produced exclusively for a particular
retailer's target audience. Developing private label lines affords the retailer the opportunity to
serve specific customer needs, fill gaps in brand name offerings, and increase profit margins.
Price competition on private label goods is virtually impossible because a retailer's competitors
are unable to carry the private labels of other stores.

Answer to Question 2

d. All of the above




cmoore54

  • Member
  • Posts: 568
Reply 2 on: Sep 11, 2018
:D TYSM


amandalm

  • Member
  • Posts: 306
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

For a complete list of videos, visit our video library