Which of the Following Would Be Considered a Service Retailer

For example grocery shops supermarkets general shops chemists ready-made garment shops etc. Which of the following is an example of a service retailer.

The Retail Mix Retail Management

Retailers and wholesalers are both considered merchandisers.

. Resellers buy finished products and resell them to their customers for the purpose of making a profit. - Drive sales by overseeing sales floor operations throughout the entire store. Self-service such as most grocery shopping experiences where the product is available on-shelf for the shoppers selection.

They can also be service providers. - Manage the guest service and merchandising of two to three departments with sales ranging from 2-9 million. That is the new retail paradigm and why people both the people the retailer serves ie.

During a recent economic downturn executives of a national home goods retailer decided to permanently close 12 stores out of 267 to ensure the long-term viability of the business. The following list links to North Dakota statutes and regulations directing the Department of Health in its role of overseeing the states retail food sector. To calculate the inventory shrinkage you would need the stores.

Associated travel services such as travel agents. The accounting records for FlashFashions a womens off-price appa that it should have inventory of 725000 at retail. The following is a list of examples of service firms and industries.

1 point Doctor Construction Worker Lawyer Retail Sales 13. Are sold on credit. Sales minus operating expenses equals gross profit.

________ is a type of service offered by those retailers who serve customers that are willing to perform their own locate-compare-select process in order to save money. Manufacturer is NOT considered a type of reseller. Solution By Examveda Team Manufacturer is NOT considered a type of reseller.

Double entry accounting system. The customers and the people who do the serving ie. A Brokers represent buyers or sellers on a permanent basisB Most brokers are hired by sellers and work for a salary.

Resellers do not modify the products they buy. The actual retail value of the inventory in stock was 692000. By Products or Services.

The steps in the accounting cycle are different for a merchandiser than for a service enterprise. Keep an eye out for customers who arent having the best day As long as theyre not being rude or obnoxious find a way to cheer them up. - Provide training feedback and follow up on merchandising skills for sales floor team members.

C Social media marketing. 5 Best Buy is a category specialist for the electronics industry. No service such as Amazon Go concept stores that do not have associates or check lanes.

Single entry accounting system. Closing these locations put hundreds of employees out of work and negatively affected 12 local communities. Retail staff are the two most critical factors.

On wholesaling and possibly production the retailer has formed a. 4 hours ago1 point Land Scarcity Economically disadvantaged Landlocked Land availability 12. B Nordstrom A Macys B Nordstrom C Sears D Kohls E JCPenney.

The retailer who finds a way around stockouts. D Selling brokers have contractual authority to sell a manufacturers entire output. Retailing is defined as.

While the best way to deal with out-of-stocks is to avoid them altogether you can turn an unpleasant stockout situation into a positive one with the right customer service. A sales invoice is prepared when goods a. This is the simplest basis for classification of the retailers.

However this decision will ultimately save the company. C Brokers bring buyers and sellers together and assist in negotiation. For example an artisan who sells homemade jewelry at a crafts fair is considered a retailer as long as the person is selling goods to consumers in order to earn a profit.

Education sector universities colleges tutoring schools corporate trainers. Under a perpetual inventory system detailed records of the cost of each purchase and sale are continuously updated. Resellers buy finished products and resell them to their customers for the purpose of making a profit.

A fairly stable and unchanging industry that has a major impact on society. Are sold for cash. This means the stores Answers.

If a retailer joins other retailers in organizing a new jointly owned business to carry. Operating expenses - Cost of goods sold - Gross profit Detailed records of goods held for resale are not maintained under a a. Most motels and fast-food restaurants are considered to be.

Which of the following would be considered an example of the COST of using resources. Which of the following would be considered a service retailer. - Recruit select develop and retail talented team.

Accommodation services such as hotels motels and backpacker hostels. Retail sales during the period. All of the following jobs are examples of tertiary economic activities EXCEPT.

This goes a step further when shoppers use the self-checkout and. Retailers arent only in the business of selling goods. Any exchange of cash andor credit for goods or services between channel members.

The final activities and steps needed to place merchandise made elsewhere into the hands of the consumer or to provide services to the consumer. Retailers of goods deal with the tangible products. E Brokers assume title and risk from the time an order is accepted.

Childcare services from formal establishments to babysitters. Resellers do not modify the products they buy. The retailfood service sector is extensively regulated by state law but many states have adopted the FDA Food Code as part.

However retailers must decide what level of service they will provide for their customers.

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