Answer:
The answer is: E) set up a line of credit with a bank that offers a revolving credit agreement.
Explanation:
A revolving credit is a credit line where the bank charges a business a commitment fee and allows the business to borrow money and use it only when they need the funds. This type of credit line lets the business decide when to use the money according to their cash flow needs.
Answer:
narrow product lines; deep assortments
Explanation:
product line is group of same type of product selling under a same brand name.
narrow and wide product line is defined on the basis of number of type of product being sold by a retailer.
Narrow product line is a retailing strategy which means that few type of products which is being sold by a retailer.
Example: Pizza hut which sells only limited number of eatables thus they have narrow product lines
Wide product line means very high number of different type of product is being sold by the retailer.
Example:wall mart which sells wide number of products
Assortment is strategy in retail which defines number of different brands of same type of product which is being sold by a retails.
It is of two types
shallow assortments: It means very few brands of same type of product is offered by a retailer.
deep assortment: It means large of number of different brand of same type of product is being sold by a retailer.
Specialty stores are store which sell only limited type of product but they offer wide variety of choices of brand for the products which they sell. In retail marketing term they keep narrow product line but deep assortments as mentioned in the definitions above
Since Lids is a specialty store the correct option would be narrow product line, deep assortments.
Answer:
The correct answers are letters "A", "C", and "E": Support requests with facts, figures, and evidence; Describe potential benefits and risks; Strike a conversational yet professional tone.
Explanation:
Business writing must be direct, concise, and objective. The writer must be as short as possible but must be able to provide all information necessary in the message that allows the receiver to take a position over the matter being discussed by the two fo them.
<em>While sending a letter or report to a superior a conversational tone must be implemented to convey a caring attitude. In the case of making proposals, the writer must show the demands have been analyzed in detail providing facts, graphs, and evidence. For such a purpose, it is important to outline the benefits of implementing the requests and the risks of not doing so.</em>
