Exam 4: Evaluating the Competition in Retailing

The early exit of many e-tailers was the result of the Internet being overstored given the demand at the time,as well as many e-tailers' inability to control back-office costs.

The only prerequisite needed for the Internet's success is having enough consumers with access.

Explain the difference between monopolistic and oligopolistic competition.

Retailing in other countries exhibits greater diversity in its structure than retailing in the United States.

According to the wheel of retailing theory,new types of retailers enter a trading up phase which allows retailers to compete effectively and take market share away from the more traditional retailers.

If prices become too high,merchandise selection too limited,or services too poor,residents of these communities will travel to larger communities to shop.This is known as:

When two discount department stores such as Sears and JCPenney compete for the same customer,what type of competition is occurring?

Compare and contrast the four theories of retail evolution.

Albertson's Supermarkets recently began offering DVD rentals to compete with Blockbuster.What type of competition is this?

Retailers compete for customers on five major fronts or factors.Which of the following is NOT one of the major fronts retailers compete for target customers?