List some differentiation strategies retailers can use to compete successfully in the market
What will be an ideal response?
To better differentiate themselves and generate consumer interest, retailers can use the following strategies:
? feature exclusive national brands that are not available at competing retailers
? feature mostly private-label merchandise
? present distinctive merchandise events
? change merchandise frequently or offer surprise items
? feature new merchandise
? offer merchandise-customizing services
? offer a highly targeted assortment
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The amount of risk a company is willing to accept in order to achieve its goals and objectives is called
A. risk acceptance B. risk tolerance C. risk management D. risk appetite
The term ________ refers to a collaboration tool where team members can easily respond and the management can easily identify the people who have not responded to a request
A) discussion forum B) management survey C) webinar D) team survey