Which of the following is a difference between off-price retailers and specialty shops?
A. Off-price retailers keep a greater amount of floor stock, whereas specialty shops keep a lesser amount of floor stock.
B. Off-price retailers charge higher prices for customers, whereas specialty shops charge lower prices for customers.
C. Off-price retailers focus on lean inventory management, whereas specialty shops have an agile approach to inventory.
D. Off-price retailers focus on providing high quality customer service, whereas specialty shops de-emphasize customer service.
Answer: C. Off-price retailers focus on lean inventory management, whereas specialty shops have an agile approach to inventory.