Which of the following identifies how the wheel-of-retailing hypothesis and the retail life cycle are alike?
A) They both have specific stages through which all retailers progress.
B) They both are based on the structure of the product life cycle.
C) They both suggest that the majority of retailers enter the market through low-end strategies.
D) They both depict how changes in technology and culture affect retailers.
E) They both indicate that most retailers shift strategies over time.
E
Business
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The technological environment is predominantly static
Indicate whether the statement is true or false
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When individuals believe they control their own future, they have:
A) Self-esteem B) Internal locus of control C) External locus of control D) All of the above E) None of the above
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