Reacting quickly to new information to gain a competitive edge is referred to as straight-through processing

Which type of general merchandise retailer is most prone to have limited customer services and an austere store environment?

a. specialty store b. department store c. off-price chain d. conventional supermarket

An example of an economic trading-area barrier is _____

a. travel distance b. travel time c. high sales-tax rates d. travel difficulty as measured by road conditions