The process of finding solutions through personal connection

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Reference no: EM132268876

1. Market (level of decision making)- chains and independent channel- moderate product variety- becoming less limited price- fixed credit- formal logistics-some sophistication competition- regional (department stores, supermarkets & modern retailers) & atomistic- traditional

A- China- specifics of the retailing system

B- Argentinian retailing system

C- Japan: frame vs attribute orientation

D- Global vs. multinational retailers

2. The process of finding solutions through personal connections

A- U.S. retail buyers

B- Guanxi

C- India: taxation

D- Direct Market

3. Concentrated in food sector, independents dominate non-food sector (traditional) -high food spending, seek quality & variety, credit use increasing, mail order/ online shopping not popular

A- UK retail systems

B- U.S. retail buyers

C- German retailing market

D- Belgium retail systems

4. Tom dies, and in his will, he names Pinson as the personal representative of his estate. Pinson decides to sell Tom's house to Sally. Pinson could transfer title to Sally by means of

A. the sworn statement of Pinson. B. the decree of the probate court judge. C. a license issued by the court. D. the probate court records.

5. Lucy's stepfather, Zed, passed away intestate when she was 19. Zed had never adopted Lucy, but they were much closer than most fathers and daughters. As a stepdaughter

A. Lucy has a limited right of inheritance, since she wasn't adopted. B. Lucy's legal rights of inheritance are the same as those of adopted children. C. Lucy has no right of inheritance, since she wasn't adopted. D. Lucy's legal rights of inheritance are the same as those of Zed's natural children.

Reference no: EM132268876

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