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Retailing Management Canadian 6th Edition By Michael Levy test bank

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A. Walmart and Target
B. Sears and La Senza
C. IGA and Shoppers Drug Mart
D. Future Shop and eBay
E. Loblaws and Amazon.ca
 

Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Easy
Learning Objective: 01-05 Discuss different types of decisions retail managers make.
Topic: 01-12 Understanding the world of retailing
 

23. Best Buy (electronics) and Future Shop (electronics) are what type of competitors? 
A. indirect
B. intratype
C. intertype
D. vertical
E. horizontal
 

Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Medium
Learning Objective: 01-05 Discuss different types of decisions retail managers make.
Topic: 01-12 Understanding the world of retailing
 

24. Which of the following would be an intratype competitor for an IGA supermarket? 
A. Walmart
B. Subway
C. Loblaws
D. Shoppers Drug Mart
E. Old Navy
 

Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Easy
Learning Objective: 01-05 Discuss different types of decisions retail managers make.
Topic: 01-12 Understanding the world of retailing
 


25. What is variety? 
A. Variety is the number of different merchandise categories within a store
B. Variety is the number of different SKU's within a merchandise category
C. Variety is the number of different items in a category
D. Variety is another term for scrambled merchandising
E. Variety is the number of different facets of the business plan
 

Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Easy
Learning Objective: 01-05 Discuss different types of decisions retail managers make.
Topic: 01-13 Developing a retail strategy
 

26. When McDonald's opened its first restaurant, a hungry patron could order a hamburger, French fries and a shake. In those early years, McDonald's did not offer much: 
A. assortment
B. product depth
C. quantity
D. value
E. variety
 

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: Medium
Learning Objective: 01-05 Discuss different types of decisions retail managers make.
Topic: 01-13 Developing a retail strategy
 

27. Indigo stores sell Godiva chocolates. By selling such products, Indigo is: 
A. offering a good merchandise mix
B. offering what the market demands
C. offering deep product assortments
D. practicing intratype competition
E. practicing scrambled merchandising
 

Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Medium
Learning Objective: 01-05 Discuss different types of decisions retail managers make.
Topic: 01-13 Developing a retail strategy
 


28. The offering of merchandise not typically associated with the store type is called: 
A. channel conflict
B. intratype competition
C. product diversification
D. scrambled merchandising
E. vertical differentiation
 

Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Easy
Learning Objective: 01-05 Discuss different types of decisions retail managers make.
Topic: 01-13 Developing a retail strategy
 

29. Delia was delighted to see that the local Shoppers Drug Mart carried milk, bread, and snacking crackers. Her delight indicates the retailer is practising: 
A. a deep product assortment.
B. an acceptable merchandising mix.
C. a retail mix.
D. scrambled merchandising.
E. this type of intratype competition.
 

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: Medium
Learning Objective: 01-05 Discuss different types of decisions retail managers make.
Topic: 01-13 Developing a retail strategy
 

30. Scrambled merchandising increases: 
A. vertical integration
B. intertype competition
C. concentric diversification
D. horizontal integration
E. intratype competition
 

Accessibility: Keyboard Navigation
Blooms: Remember

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