________ Form a Part of the Microenvironment That Influences Retail

question 12

Multiple Choice

________ form a part of the microenvironment that influences retail management decisions.

• A) Competitors
• B) Technologies
• C) Politics
• D) Legal aspects
• E) Ethics

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Definitions:

Notifying The Principal

The act of informing the principal party or stakeholder about significant or relevant information, especially in legal, educational, or contractual contexts.

Insolvent Customer

A customer who cannot meet their financial obligations or pay for goods or services due to lack of financial resources.

Duty To Communicate

An obligation to provide relevant information in a timely and clear manner, especially in agreements or relationships requiring trust.

Duty Of Diligence

A legal obligation requiring a person to exercise reasonable care and attention in their actions or duties.