Retail stores can be classified in terms of several characteristics. Discuss three of these
What will be an ideal response?
Retailers can be classified based on the products they offer, the level of service they deliver, or the prices they charge compared to direct competitors. Products are broadly divided into durable and nondurable goods. Durable goods are expected to last for three or more years, while nondurable goods have a shorter lifespan. The three levels of service offered by retailers are full service, limited service, and self service. Retailers can choose from several pricing policies, from an upscale approach to a deep discount approach.
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Under federal securities laws, the SEC has the authority to set accounting standards in the U.S.
a. true b. false
You engage in metacommunications when you communicate with another person, your perception of how well you two are communicating
Indicate whether the statement is true or false.