Retail stores can be classified in terms of several characteristics. Discuss three of these

What will be an ideal response?


Retailers can be classified based on the products they offer, the level of service they deliver, or the prices they charge compared to direct competitors. Products are broadly divided into durable and nondurable goods. Durable goods are expected to last for three or more years, while nondurable goods have a shorter lifespan. The three levels of service offered by retailers are full service, limited service, and self service. Retailers can choose from several pricing policies, from an upscale approach to a deep discount approach.

Business

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To include responses to backchannel comments, what can be incorporated into the presentation?

A) Twitter hashtags B) Question and answer sessions C) Twitter breaks D) Breakout sessions E) Discussion sessions

Business

Constrained decision making is more characteristic of product/trademark franchising than business format franchising

Indicate whether the statement is true or false

Business

According to the Body Ritual Among the Nacirema reading, which of the following is false?

a. All cultures are different b. Our own culture becomes the standard against which we judge other cultures. c. The Naciremans have very different values and practices than North Americans. d. We seldom recognize how strange our own cultural practices may appear to outsiders.

Business

A stock with a beta equal to ?1.0 has zero systematic (or market) risk.

Answer the following statement true (T) or false (F)

Business