Once you have read the articles, reflect on the following questions in a reflection paper (write with proper paragraphs, make sure to cite the articles you are referencing to in your paper). Specifically, answer the following questions:
What is a key difference between mid level market buyers and luxury fashion buyers in how they interact with manufacturers?
What are the two areas that are central to the retail buyer decision making process? Summarize and include all the factors that are considered in each construct.
How can a buyer negotiate with suppliers? Identify and summarize the possible approaches.
What is the levels of risk associated with each strategy?
