CLEP Marketing

Category - Product Management

A Banana Republic store ordering new showcase mannequins is an example of
  1. Inventory buying
  2. Return buying
  3. Return selling
  4. Straight rebuy
  5. Straight resell
Explanation
Answer: D - A Banana Republic store ordering new showcase mannequins is an example of straight rebuy. A straight rebuy occurs when a client or consumer purchases identical goods from the same supplier. In a straight rebuy, the customer also purchases the same number or amount of products and often with the same terms of purchase and transportation. Marketing campaigns target customers who engage in straight rebuy, as they help manufacturing suppliers control costs and inventory.
Was this helpful? Upvote!
Login to contribute your own answer or details

Top questions

Related questions

Most popular on PracticeQuiz