Examlex

Solved

Scenario The Attic Trunk Began in 1979 as an Upscale Dress

question 108

Essay

Scenario
The Attic Trunk began in 1979 as an upscale dress shop in Forest Ridge's fashionable shopping district, catering to a wealthy, mature clientele.Many other specialty shops lined the main avenue over the next few years.But as Forest Ridge began to attract an affluent, younger, and more demographically diverse population, the once-popular shopping district was increasingly perceived as stodgy and snobby.By the late 1980s, many of these specialty shops suffered financially.Most shops attracted only tourists who enjoyed browsing through the displays of alligator belts and shoes, piles of scented soaps, and useless flowered parasols, often laughing at the ridiculously high prices.Owners of The Attic Trunk had noticed the shifts in population and buying behaviour of the typical shopper by the late 1980s.In fact, the owners had observed that the once-fashionable shopping district in Forest Ridge no longer attracted a "typical shopper." The wealthy, mature clientele had been replaced with affluent families with children, and a mix of Asian and African Americans as well as Caucasians.Specialty items at The Attic Trunk gradually disappeared, replaced by brand-name apparel, colognes, and jewelry.Other owners followed suit in the early 1990s, bringing restaurants, an outdoor cafe, and a day spa to the main avenue in Forest Ridge.
How might the owners of The Attic Trunk use e-procurement to their advantage?


Definitions:

Development

The pattern of movement or change that begins at conception and continues through the life span.

Socially Mature

Being able to behave in a manner that is considered responsible and appropriate for one's age or status in society.

Conflicting Information

Data or facts that are contradictory or at odds with each other, making it challenging to form a coherent understanding.

Permissive Environment

A setting or approach that allows individuals to act freely with minimal constraints or rules, often associated with parenting or educational contexts.

Related Questions