Retail Convergence Most Likely Leads to ________

question 39

Multiple Choice

Retail convergence most likely leads to ________.

• A) reduced differentiation
• B) reduced competition
• C) increased sales
• D) increased profit margins
• E) reduced advertising costs

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Definitions:

Self-fulfilling Prophecies

A belief or expectation that an individual holds about a future event that manifests because the individual holds it.

Robert Merton

A prominent American sociologist who contributed to the sociology of science and developed the theory of deviance, including the concept of self-fulfilling prophecy.

Racial Conflict

A type of conflict arising when individuals or groups from different racial or ethnic backgrounds come into opposition or combat due to perceived or actual differences and inequalities.

Spoiled Identity

A concept introduced by Erving Goffman, referring to an identity that has been tarnished by a stigma, leading to societal disapproval or discrimination.