Business of Retail Chapter 1

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Across
  1. 3. The type of competition where retailers offer the same products
  2. 4. The number of units located within the total inventory that are available to sell
  3. 5. Keeps products in good condition, displays the merchandise, demonstrates products to customers
  4. 7. People who buy goods and/or services
  5. 10. The type of competition where retailers go after the same customers, but offer product that are completely different
  6. 13. The type of competition where retailers offer different products to satisfy the same need
  7. 14. The complete listing of all merchandise a retailer owns
  8. 17. Intangible transactions, such as mowing or video streaming
  9. 19. A business owned by shareholders and publicly traded
  10. 20. A company that whose stock is not publicly traded
  11. 21. A retail model that offers a seamless customer experience through the use of technology
Down
  1. 1. The grower of strawberries
  2. 2. Physical (tangible) good that is bought and sold
  3. 6. The business or person that sells products and/or services
  4. 8. An interconnected system of approaches for providing customers with the merchandise and services they want
  5. 9. The products a retailer sells are collectively called this
  6. 11. Selling products and/or services to customers to earn a profit
  7. 12. Retail model that offers customers the opportunity to interact with multiple options that may not be connected
  8. 15. A retail business owned by an individual
  9. 16. A path through which a product travels from its creation to when it reaches the customer
  10. 18. A business that results when a license is granted to another entity to retail the company's products and/or services