Question

Which of the following is a difference between off-price retailers and specialty shops?

a. Off-price retailers replenish inventory items that are sold, while specialty shops never replenish inventory items that are sold
b. Off-price retailers employ a hybrid retail operating model, while specialty shops employ a mass merchandising retail operating model
c. Off-price retailers focus on lean inventory management, while specialty shops are supported by an agile approach to inventory,
d. Off-price retailers adopt a high-service approach, while specialty shops de-emphasize customer service and product selection

Answer 1

Answer: Which of the Following is a Difference Between Off-Price Retailers and Specialty Shops?

Explanation:

The answer is "C", Off-price retailers focus on lean inventory management, while specialty shops are supported by an agile approach to inventory.

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