Multiple Choice
Which of the following differentiates between an outlet mall and a value-retail center?
A) An outlet mall stocks convenience goods, while a value-retail center sells luxury goods.
B) An outlet mall sells its products on par with the retail prices, while a value-retail center charges rates that are slightly below the retail prices.
C) An outlet mall consists primarily of the manufacturers' outlets, while a value-retail center combines manufacturers' outlets with off-price retail stores and department store clearance outlets.
D) An outlet mall is managed by buying and selling agents, while a value-retail center has employees who belong to the manufacturer's organization as bonafide employees.
E) An outlet mall is a type of off-price retailing, while a value-retail center is an example of designer shops that have high markups and low volume.
Correct Answer:
Verified
Correct Answer:
Verified
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