Management Notes

Reference Notes for Management

Which Of The Following Statements Is True Of Retailing?

Which Of The Following Statements Is True Of Retailing?

Which Of The Following Statements Is True Of Retailing?

 Options:

A) All retail stores are full-service retail stores.
B) A department store has a narrow product line with a deep assortment.
C) The largest type of retail outlet is a supermarket.
D) Services like hotels, banks, airlines, restaurants, colleges, and hospitals can be retailed.
E) A feature common to all types of retail stores is the use of the everyday low pricing strategy.

The Correct Answer Is:

  • D) Services like hotels, banks, airlines, restaurants, colleges, and hospitals can be retailed.

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