What might be traffic generators for a retail business selling mid-range jewelry?
What will be an ideal response?
Traffic generators are complementary businesses that attract customer traffic to the retailer's area and, consequently, increase revenues. For jewelry, good traffic generators could be stores that sell various accessories (such as shoes) or clothing stores or an upscale hair salon.
Business
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Michael Porter's value chain would identify which of the following as a support activity?
A) shipping out final products B) marketing products C) procurement D) servicing products E) operations
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Employers often match employee contributions to 401k savings plans
Indicate whether the statement is true or false.
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