Why Do Stores Cluster Together

question 101

Multiple Choice

Why do stores cluster together?

• A)to increase their customer pulling power
• B)to decrease competition
• C)to create retailer cooperatives
• D)to standardize the service mix
• E)to take advantage of franchise agreements

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Definitions:

Acquired-needs Theories

Theories suggesting that people's needs are acquired over time based on their life experiences, influencing their motivation and behavior.

Performance

The action or process of carrying out or accomplishing an action, task, or function.

Motivation Theories

Frameworks and models designed to understand what drives individuals to initiate, direct, and persist in specific behaviors.

Organisational Behaviour Modification

A theory and practice focusing on applying psychological principles of behavior change within organizational settings to improve employee performance and wellbeing.