Question

JP Wholesalers is one of the largest wholesalers of wooden furnishings in the country. Recently, the company opened a chain of stores called JP Designer Homes that has become popular due to the good reputation the company has as a wholesaler. The company has now started acquiring smaller retail chains and consolidating its position in the market. Which of the following trends is reflected in this scenario?a) the shift toward self-service retailing
b) the decline of superstores and megastores.
c) the decline of the voluntary chain distribution method.
d) the rise of franchise organizations and joint partnerships.
e) the blurring of distinctions between retailers and wholesalers.

Answer 1

Answer:

e) the blurring of distinctions between retailers and wholesalers.

Explanation:

JP Wholesalers started out as wholesalers of wooden furnishings. The company opened a chain of stores called JP Designer Homes that has become popular due to the good reputation the company has as a wholesaler. They therefore ventured intonthe retail market.

JP Wholesalers continues to buy retail chains to consolidate its position.

There is a blurring of distinctions between retailers and wholesalers