Which of the Following Is True for the Retail Industry

question 102

Multiple Choice

Which of the following is true for the retail industry?

• A) Discount stores and catalog showrooms are competing for the same customers.
• B) Upscale retailers see a decline in sales as middle-market retailers thrive.
• C) Small, specialized retailers are crowding out larger, more diverse retailers.
• D) Store retailing sees no competition from nonstore retailing.
• E) Discount stores are not doing as well as middle-market retailers.

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Definitions:

Concrete Thinking

A style of thinking that relies on the physical, tangible reality and does not easily grasp abstract concepts.

Scaffolding

An educational approach involving more knowledgeable others providing temporary supports to help a learner achieve higher levels of understanding.

Zone of Proximal Development

A concept in developmental psychology introduced by Lev Vygotsky, describing the difference between what a learner can do without help and what they can achieve with guidance and encouragement.

Reinforcements

In behavioral psychology, stimuli used to increase the likelihood of a repeated behavior by applying rewarding or punishing consequences.