You Are Part of an Investment Group That Is Planning

Multiple Choice

You are part of an investment group that is planning to open a warehouse club in your hometown. There are a number of considerations that you will have to address in order for this venture to be successful. Which of the following statements is true regarding warehouse clubs?

A) They have not been successful in the United States, but they are popular in Europe.
B) They are service-oriented, and offer credit and personal assistance.
C) They are members-only selling operations.
D) The primary product they offer is convenience.
E) They accept lower sales volume in exchange for higher margins.