Give an example of how the recent economic downturn affected retailers' strategies

What will be an ideal response?

Answers will vary. Retailers have changed their merchandise assortment to offer consumers lower prices and discounted merchandise. Walmart and other mass merchandisers increased their use of private-label brands.

Business

You might also like to view...

Modest departures from the assumptions in analysis of variance do not seriously affect the validity of the analysis

Indicate whether the statement is true or false

Business

What methods are used by both small and large firms to forecast the supply of inside candidates?

What will be an ideal response?

Business