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Test 12

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1
1.5 / 1.5 points
The Millennial generation is expected to be much smaller than the Baby Boomer generation.
True
Correct answer:
False
Results for item 2.
2
1.5 / 1.5 points
The Millennial’s comfort with technology and online payments systems is driving retailer’s
interests for the development of mobile transaction applications.
Correct answer:
True
False
Results for item 3.
3
1.5 / 1.5 points
The US retail market is the most saturated and costly market to enter.
Correct answer:
True
False
Results for item 4.
4
1.5 / 1.5 points
Today, the consumers in China tend to be highly interested in purchasing items with a heavy
brand logo presence.
True
Correct answer:
False
Results for item 5.
5
1.5 / 1.5 points
Airbnb is considered an industry disrupter.
Correct answer:
True
False
Results for item 6.
6
1.5 / 1.5 points

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Rent the Runway and Gywnnie Bee are examples of sharing economy business models.
Correct answer:
True
False
Results for item 7.
7
1.5 / 1.5 points
A key aspect of the Rent the Runway model is its logistics processing of returns.
Correct answer:
True
False
Results for item 8.
8
1.5 / 1.5 points
Mcommerce is a mature retailing concept.
True
Correct answer:
False
Results for item 9.
9
1.5 / 1.5 points
3D printing creates its designs through the layering of materials versus the traditional cutting
of material.
Correct answer:
True
False
Results for item 10.
10
1.5 / 1.5 points
Because fashion is driven by the latest trends, AI’s (artificial intelligence) pattern recognition
will enable retailers to identify changes in the latest styles.
Correct answer:
True
False
Results for item 11.
11
1.5 / 1.5 points
Which is not an attitude and behavior of the Millennial generation?
Correct answer:

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1 1.5 / 1.5 points The Millennial generation is expected to be much smaller than the Baby Boomer generation. True Correct answer: False Results for item 2. 2 1.5 / 1.5 points The Millennial’s comfort with technology and online payments systems is driving retailer’s interests for the development of mobile transaction applications. Correct answer: True False Results for item 3. 3 1.5 / 1.5 points The US retail market is the most saturated and costly market to enter. Correct answer: True False Results for item 4. 4 1.5 / 1.5 points Today, the consumers in China tend to be highly interested in purchasing items with a heavy brand logo presence. True Correct answer: False Results for item 5. 5 1.5 / 1.5 points Airbnb is considered an industry disrupter. Correct answer: True False Results for item 6. 6 1.5 / 1.5 points Rent the Runway and Gywnnie Bee are examples of sharing economy business models. Correct answer: True False Results for item 7. 7 1.5 / 1.5 points A key aspect of the Rent the Runway model is its logistics processing of returns. Correct answer: True False Results for item 8. 8 1.5 / 1.5 points Mcommerce is a mature retailing concept. True Correct answer: False Results for item 9. 9 1.5 / 1.5 points 3D printing creates its designs through the layering of materials versus the traditional cutting of material. Correct answer: True False Results for item 10. 10 1.5 / 1.5 points Because fashion is driven by the latest trends, AI’s (artificial intelligence ...
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