Exam 1: Introduction to the World of Retailing

A company in the final stage of integrating corporate social responsibility into its strategies:

How have retailers incorporated Corporate Social Responsibility (CSR)into their activities?

Grocers,a large food retailer,purchases fruits from several different tropical countries.When the fruits arrive in distribution centers across the United States,the quantities are reduced to amounts that are appropriate for store delivery.The stores,in turn,offer the fruits in quantities that depend on the consumption pattern of the customers.This act of offering products in smaller quantities based on consumption patterns is known as _____.

Bright Automotive Inc.does not have employees below the age of 16 since the law prohibits it.Therefore,Bright Automotive is in the _____ stage of incorporating corporate social responsibility.

Which of the following is the first step in the retail management decision process?

A _____ identifies the target market,the merchandise and services that will be offered,and how the company will achieve long-term advantage over its competitors.

_____ describes the voluntary actions taken by a company to address the ethical,social,and environmental impacts of its business operations and the concerns of its stakeholders.