Question: In relationship retailing, a retailer A ) seeks to maximize a customer's short - term satisfaction B ) seeks to attract larger customers over smaller

In relationship retailing, a retailer
A) seeks to maximize a customer's short-term satisfaction
B) seeks to attract larger customers over smaller accounts
C) prefers to attract new customers over retaining existing customers
D) plans to establish and maintain long-term bonds with its customers
Which of the following illustrates a retail transaction?
A) a consumer buying coffee in a vending machine
B) the U.S. government purchasing military aircraft
C) an auto manufacturer purchasing brochures to be distributed by its dealers
D) a supermarket purchasing a freezer case for meat
The success of a manufacturer and its retailer customers is most directly interconn distribution?
A) exclusive distribution
B) selective distribution
C) dual distribution
D) intensive distribution
A(n) retail strategy encompasses value chain elements not yet perfectec in a retailer's industry category.
A) augmented
B) potential
C) expected
D) realized
A retailer's customers who are most loyal and who have the highest average sal
A) primary customers
B) outshoppers
C) core customers
D) target market
Expected customer services
A) are extra ingredients that add to the retail offering
B) are provided to customers free of charge
C) complement a store's extended offering
D) are considered basic ingredients in the retail offering
Which statement concerning a value delivery system is not correct?
A) Nonstore retailing requires a different delivery system than store-based retaili
B) A value delivery system is as strong as its weakest link.
C) Channel members are dependent on each other.
D) Value delivery systems are relatively simple to develop and administer.
Accounting and legal services are examples of services.
nongoods
proforma
owned-goods
rented-goods
 In relationship retailing, a retailer A) seeks to maximize a customer's

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