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marketing final
| Question | Answer |
|---|---|
| Types of ownership | |
| Levels of Service | Self-service, limited-service, full-service |
| Depth of Product lines | The store carries a large assortment of each product line |
| Breadth of Product lines | The variety of different product items a store carries |
| Scrambled Merchandising | Offering several unrelated product lines in a single store |
| Intertype competition | Competition between very dissimilar types of retail outlets that results from a scrambled merchandising policy |
| Hypermarket | Large store that offers everything in a single outlet |
| Central Business District | Oldest retail setting, usually downtown |
| Regional Shopping Center | 50-150 stores, 5-10 mile range, 2-3 anchor stores |
| Community Shopping Center | One primary store, 20-40 small outlets, 10-20 min drive |
| Strip mall | Cluster of neighborhood stores, 5-10 min drive |
| Power center | Huge shopping strip with multiple anchor stores |
| Retailing mix | The activities related to managing the store and the merchandise in the store, which include, retail pricing, store location, retail communication, and merchandise |
| Off-price Retailing | Consists of selling brand name merchandise at lower than regular prices |