6. Which statement concerning the ease of entry into retailing is correct?

A) Ease of entry into retailing contributes to the need for effective stockholder relations.

B) Ease of entry is reflected in high market shares for leading firms.

C) Investment per worker in retailing is significantly greater than that of manufacturing establishments.

D) Ease of entry generates a high degree of competition.

7. Which of the following has the greatest flexibility in developing and implementing a retail strategy?

A) franchisee

B) leased department operator

C) chain store manager

D) independent retailer

9. Retailers use private labeling to generate channel control because ________.

A) a large proportion of a manufacturer's output is sold to one retailer

B) greater channel communication is fostered

C) retailers can more easily obtain bank financing

D) retailers can switch vendors with no impact on their customer loyalty

10. A retail ownership form that combines independent ownership and management assistance is ________.

A) sole proprietorship

B) corporation

C) partnership

D) franchising