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Describe the Stages of the Retail Life Cycle

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Describe the stages of the retail life cycle.How is it like the product life cycle?


Definitions:

Synchronous Training

Training that occurs in real-time, where participants and instructors interact simultaneously, often through digital platforms.

Asynchronous Training

A learning format that allows participants to complete training activities at their own pace without needing to be concurrently online with instructors or peers.

Instructional Design

The systematic development of educational or training materials and experiences to facilitate the acquisition of knowledge or skills.

Technology-Based Training

The use of digital tools and resources in training programs to facilitate learning and skill development.

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