Ease of entry is simplest for which service retailer type?

a. nongoods retailer
b. rental-goods retailer
c. retailer with extensive licensing requirements
d. leased goods retailer

a

Business

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Which of the following has developed because existing retail institutions are inadequately fulfilling market needs?

a. consumer cooperatives b. independent channel ownership c. leased departments d. total vertical integration

Business

One disadvantage of simulation is that it does not allow for "what-if?" types of questions

Indicate whether the statement is true or false

Business