According to the ____________ Concept,many New Types of Retailing Forms

question 57

Multiple Choice

According to the ____________ concept,many new types of retailing forms begin as low-margin,low-price,low-status operations.They challenge established retailers that have become "fat" by letting their costs and margins increase.The new retailers' success leads them to upgrade their facilities and offer more services.

• A) retail life cycle
• B) disintermediation
• C) off-price retailing
• D) wheel-of-retailing
• E) 80/20 rule of retailing

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Definitions:

Data Collection

The systematic gathering of information from various sources for analysis and interpretation.

Business Ethics

Business ethics involves the application of moral principles and standards to business behavior, focusing on fairness, honesty, and integrity in corporate practices and decision-making.

Marketing Ethics

The principles and standards that define acceptable marketing conduct as determined by various stakeholders.

Conscious Marketers

Marketers who are aware of the impacts their strategies and actions have on society, the economy, and the environment, and thus make thoughtful and sustainable decisions.