Merchandise management 20 mcqs | Operations Management homework help
1. How can the use of an EDLP strategy increase a retailer’s profit margin?A. EDLP reduces the retailer operating expenses because employees don’t have to spend time continually making price changes.B. EDLP increases the large variations in demand caused by frequent sales.C. Employees provide less customer service because of the sale-stimulated throngs of people.D. The stable prices caused by EDLP require the use of more […]