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True or False
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1
A store carrying shoes is called a limited line retailer.
A)True
B)False
2
The mass-merchandising concept means that retailers can succeed by selling a large volume of merchandise to a target market at low prices.
A)True
B)False
3
A mass-merchandiser is a large, self-service store selling soft goods and staples with low margins.
A)True
B)False
4
A "super centre" carries all the goods and services that a consumer might routinely purchase:
A)True
B)False
5
The concept stating that new types of retailers enter the market as low-status, low margin, low-price operators and then evolve into more conventional retailers is called the ‘evolution of retailing.’
A)True
B)False
6
Merchant wholesalers do not take title to the products they sell.
A)True
B)False
7
A single-line wholesaler does not take title to the products it sells.
A)True
B)False
8
A company that buys oil products and then arranges for them to be delivered directly from the producer to the customer is called a truck wholesaler.
A)True
B)False
9
Agent middlemen do not buy and sell products to their customers.
A)True
B)False
10
A combination export manager is basically a manufacturer's agent who specializes in international trade:
A)True
B)False
11
Brokers usually have a temporary relationship with the buyer and seller while a deal is being negotiated.
A)True
B)False





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