Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Breadth and depth are two important components
in distinguishing among types of retailers. Discuss
the breadth and depth implications of the following
retailers discussed in this chapter: (a) Nordstrom,
(b) Walmart, (c) L.L.Bean, and (d) Best Buy
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- 6.What is instant messaging (IM), and howcan it support business operations? Whichtechnology does IM replace or augment inonline retailing?arrow_forwardChoose three different online retailers and highlight two examples of differentiation in each.arrow_forwardSome marketers believe that online stores will replace traditional stores in the near future. Othermarketers have opposite opinions, believing traditional stores will still maintain the same position.In what ways and to what extent do you think that non-store retailing poses a threat to conventional retailers? Use examples to support your discussion.arrow_forward
- Why would a manufacturer such as Apple choose to establish its own retail chain?arrow_forwardProvide examples of how P&G may work with Kroger to jointly plan andimplement a retail strategy using the six Ps.arrow_forwardMoving into the future, what effect is online retailing likely to haveon the oversupply of retail store space in the United States?arrow_forward
- The key goal for retailers in the accelerated development phase of the retail life cycle is to Question 35 options: a) find ways of discouraging customers from moving to low-margin, mass-volume outlets. b) recover start-up costs. c) delay entering the decline stage of the retail life cycle. d) establish a dominant position in the fight for market share. e) establish a retail concept that is a sharp departure from existing competition.arrow_forwardSome marketers believe that online stores will replace traditional stores in the near future. Other marketers have opposite opinions, believing traditional stores will still maintain the same position. In what ways and to what extent do you think that non-store retailing poses a threat toconventional retailers? Use examples to support your discussion. Answer the question in 300 words and use at least 2 references to support your answer.arrow_forwardDiscuss the major factors that help to determine a retailstore’s image. How does atmosphere add value to products sold in a store?arrow_forward
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