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Ymorist [56]
4 years ago
8

Two models for department store success seem to be emerging—one with a strong retail brand approach and one as a showcase store.

Investigate these two differing approaches to department store retailing and comment on the future of these concepts using the concepts defined in this chapter (target market selection, product assortment decisions, etc.).What is the meaning of showcase store?
Business
1 answer:
yKpoI14uk [10]4 years ago
5 0

Answer:

Showcase stores are stores that display their products in a way that makes it easy for customers to determine what products are available.

Explanation:

Department stores are large stores with various assorted products and they adopt different approaches for selling their products to customers which include retail branding and showcase stores.

In a showcase store, <u>a variety of products available in the store are displayed for customers to see</u>, so they know what the store has available. These products that are showcased are not actually the ones sold.

The retail branding approach involves a large department store owning or controlling several <u>smaller retail outlets with unique brands through which it sells its specific products.</u>

<u>A well branded retail outlet connects better with target customers </u>and provides a more attractive option when they have to choose between competing brands.

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The Fun Tyme Toy Company discovers that one of its products can easily break, exposing children to potential injury from the sha
Novosadov [1.4K]

Answer:

A) 24 hours

Explanation:

The Consumer Product Safety Act (CPSA) established the Consumer Product Safety Commission (CPSC) which is the government entity in charge of setting product safety standards, requesting recalls and banning products if necessary.

In this case, if a toy is potentially dangerous then the company must notify the CPSC within one business day and start the recall procedure immediately.

4 0
3 years ago
Garcia Company issues 10%, 15-year bonds with a par value of $240,000 and semiannual interest payments. On the issue date, the a
vova2212 [387]

Answer:

The journal entry for the issue of bond for cash is shown below:

Explanation:

January 1

Cash A/c..........................................Dr  $281,400

   Bonds Payable A/c....................................Cr $240,000

    Premium on Bonds Payable A/c...........Cr $41,400

Working Notes:

Cash = Bonds Par Value × Selling Price

= $240,000 × 117.25 %

= $281,400

Premium on bonds payable = Cash - Bonds Payable

= $281,400 - $240,000

= $41,400

4 0
4 years ago
On january 1, 2012, water world issues $25 million of 6% bonds, due in 20 years, with interest payable semiannually on june 30 a
GREYUIT [131]
What is the question?
4 0
4 years ago
Jamieson Enterprises has presented the following information for the past year of operations Month Units Total Cost January 2,80
aivan3 [116]

Answer:

a.

VC/unit = $3 per unit

Fixed Cost = $800

b.

Total Cost = $25400

Explanation:

a.

The high-low method is used to separate the components of a mixed cost and it calculates the variable cost component in a mixed cost. The formula to calculate the variable cost per unit under the high-low method is as follows,

VC/unit = [Highest Activity cost - Lowest Activity Cost] / [Highest Activity units - Lowest Activity units]

VC/unit = [22400 - 6500] / [7200 - 1900]

VC/unit = $3 per unit

Using figures from March, The total fixed costs will be,

Fixed cost = 6500 - [3 * 1900]

Fixed Cost = $800

b.

Total cost in a month with 8200 units will be,

Total Cost = Total Fixed cost + Total variable costs

Total Cost = 800 + (3 * 8200)

Total Cost = $25400

3 0
3 years ago
John buys an investment for $100,000 at the beginning of the year. During the year, John receives $10,000 from his investment. A
ladessa [460]

Answer:

10%

Explanation:

The computation of the rate of return during the year is shown below:

Rate of return = (End year investment price - beginning year investment price + additional investment received) ÷ (beginning year investment price)

= ($120,000 - $100,000 + $10,000) ÷ $100,000

= $10,000 ÷ $100,000

= 10%

Simply we applied the above formula so that the rate of return could come

4 0
4 years ago
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