Multiple Choice
A furniture retailer with three branch stores has an owner that handles store operations,buying,advertising,and finance responsibilities.Which buying organization does the retailer use?
A) formal buying organization
B) informal buying organization
C) decentralized buying organization
D) centralized buying organization
Correct Answer:

Verified
Correct Answer:
Verified
Q51: Which retail assortment strategy requires the greatest
Q52: The benefits of an outside buying organization
Q53: In general,as a retailer moves from a
Q54: A retailer believing in the vertical trend
Q55: It takes a retailer three days to
Q57: Informal buying organizations are most likely to
Q58: Which type of buying organization generally services
Q59: Develop a model stock plan for men's
Q60: Small retailers seeking to match the same
Q61: Orders for staples are generally made using