Wholesalers are often criticized for being inefficient and for causing consumers to pay higher prices than they would if there were no wholesalers. Discuss.
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Wholesalers are often criticized for being inefficient and for causing consumers to pay higher prices than they would if there were no wholesalers. Discuss.
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- Discussion questions that I need help on, these are in the Retailing Management textbook, chapter 2: types of retailers. 1.) Distinguish between variety and assortment. Why are these important elements of the retail market structure? 5.) Why is Walmart, the largest retailer in the world, facing slower growth than in the past? What can it do to accelerate its growth? 6.) Why are retailers in the limited-assortment supermarket, online grocery retailing, and extreme-value discount store sectors growing so rapidly? From which retailers are they getting these additional sales? 8.) Choose a product category that both you and your parents purchase (e.g., business clothing, casual clothing, music, electronic equipment, shampoo). In which type of store do you typically purchase this merchandise? What about your parents? Explain why there is, or is not, a difference in your store choicesMattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.48 million and inventory was $1.48 million. This year, costs of goods sold is $8.56million and inventory investment is $1.59 million. Part 2 a) What was its weeks of supply last year? enter your response here weeks (round your response to two decimal places). a) What was its weeks of supply last year? weeks (round your response to two decimal places). Part 3 b) What is its weeks of supply this year? weeks (round your response to two decimal places). Part 4 c) Is Mattress Wholesalers making progress in its inventory reduction effort? Since the number of weeks that cover the supply has. Mattress Wholesalers is making, in its inventory-reduction effort.4. Can wholesalers be eliminated from the marketing channel? Why or why not?
- The wheel of retailing helps explain the evolution of firms that enter a market on a shoestring budget and gain customers by offering lower prices. It suggests that once a customer base is established, the retailer begins offering higher-end products, more upscale facilities, and better service. ) a) True () b) FalseMattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.52 million and inventory was $1.55 million. This year, costs of goods sold is $8.62 million and inventory investment is $1.64 million. Part 2 a) What was its weeks of supply last year? enter your response here weeks (round your response to two decimal places). Part 3 b) What is its weeks of supply this year? enter your response here weeks (round your response to two decimal places). Part 4 c) Is Mattress Wholesalers making progress in its inventory reduction effort? Since the number of weeks that cover the supply has ▼ increased decreased not changed , Mattress Wholesalers is making ▼ progress no progress negative progress in its inventory-reduction effort.1. What is the retailer's role as a member of the larger supply chain? 2. What are the different types of retail supply chains? 3. What is a vertical marketing channel? 4. What is the primary difference between a conventional marketing channel and a vertical marketing channel? 5. Why is collaboration so important in supply chains today?
- Describe the differences between a wholesaler, a distribution center, and a fulfillment center?Selling physical products through an online e-commerce store can be lucrative, although it is also competitive. Elaborate on how a brick and mortar business find customers compared to how e-commerce stores find customers and further explain ANY FIVE (5) advantages of e-commerce retail.What is a full-service wholesaler?