In the retail life cycle, ________ is the stage of emergence of a retail outlet, with a sharp departure from existing competition.

A. accelerated development
B. maturity
C. early growth
D. introduction
E. decline


Answer: C

Business

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Organic Market sells high-quality products and grocery items that are unique to its area; in addition it offers delivery for customers who are unable to leave their home and a number of regular workshops regarding healthy eating. By offering these types of products and services, Organic Market is pursuing a _____ strategy.

A. cost-savings B. cost-focus C. value-focused D. differentiation E. focused-differentiation

Business

Plant assets, current assets, property, plant and equipment, and fixed assets are all tangible assets

a. True b. False Indicate whether the statement is true or false

Business

What characteristics must qualitative information have to be relevant to a particular decision?

What will be an ideal response?

Business

Which of the following is an advantage to being a market follower?

a. Reputational effects b. Switching costs c. Opportunity for skimming d. Lower development costs e. Experience effects

Business