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Examen
CS 561 Exam 1 Review | 55 Questions with 100% Correct Answers | Updated & Verified
Why does retail exist? - its an evolved form of exchange in which people acquire the goods 
and services they need(or want) to live their lives 
What are the 3 activities that make retail work? (and expand on them) - 1. Manufacturer: 
makes the product to be sold (or design and deliver the services) 
selling to 
2. Retailer: 
takes the products or services to market 
selling to
Examen
CS 561 Exam 1 Review | 55 Questions with 100% Correct Answers | Updated & Verified
PopularWhy does retail exist? - its an evolved form of exchange in which people acquire the goods 
and services they need(or want) to live their lives 
What are the 3 activities that make retail work? (and expand on them) - 1. Manufacturer: 
makes the product to be sold (or design and deliver the services) 
selling to 
2. Retailer: 
takes the products or services to market 
selling to 
3. Consumer: 
purchases and consumes the goods 
Do retailers and manufacturers act as functions or entities? - Functio...
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CS 561 Exam 2 Study Guide Questions and Answers (Latest Update 20233)
CS 561 Exam 2 Study Guide Questions and Answers (Latest Update 20233)
Examen
CS 561 Exam 2 Study Guide Questions and Answers (Latest Update 20233)
CS 561 Exam 2 Study Guide Questions and Answers (Latest Update 20233)