Question

Off-price retailers sell their goods at prices 25 percent or more below traditional department store prices. What makes such a policy viable?

	A.	They offer only volume discounts in exchange for a periodic membership fee.
	B.	They specialize in a single line of merchandise and are the dominant retailer in their category.
	C.	They pay cash for its stock and usually doesn’t ask for return privileges.
	D.	They resell items purchased from one of the other types of retailers.

Which of the following is always true of a factory outlet?

	A.	It works quite unlike an off-price retailer.
	B.	It is owned and operated by a manufacturer.
	C.	It stocks and sells a wide variety of merchandise.
	D.	It is the dominant retailer in its category.

A large discount store that specializes in a single line of merchandise and becomes the dominant retailer in its category is called a ______.

	A.	superstore
	B.	category killer
	C.	warehouse club
	D.	factory outlet

Answer 1

1)Option C since here they pay cash and will not ask for return privileges
Other options are not the features os speciality retailer

2)option B
option A incorrect as it like an off price retailer
option C incorrect as it dont sell wide variety but only goods which left or little damaged
option D is incorrect as it in not dominant

3)It is option B