Which Type of Store Carries a Wide Variety of Product

question 67

Multiple Choice

Which type of store carries a wide variety of product lines and differentiates itself through service,but has been squeezed in recent years between more focused and flexible specialty stores on the one hand and more efficient,lower-priced discounters on the other?

• A) chain
• B) department
• C) factory outlet
• D) merchant wholesaler
• E) independents

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Definitions:

Participative Management

A management style where employees are involved in decision-making processes within the organization.

Organizational Commitment

The psychological attachment or loyalty of an employee towards their organization, often associated with motivation and job satisfaction.

Supervisors and Managers

Individuals in an organization responsible for directing and overseeing the work of other employees, ensuring that tasks and objectives are completed efficiently and effectively.

HR Release

A document or announcement by the Human Resources department that typically communicates decisions, policy updates, or information relevant to employees.