Champions of Change Welcome It from the Beginning but Become

question 229

True/False

Champions of change welcome it from the beginning but become resistant over time.

---

Definitions:

Retail Life Cycle

Retail Life Cycle is a concept describing the stages of growth and decline that retail formats or individual retail businesses experience over time.

Growth And Decline

Phases in the lifecycle of a business, product, or industry where they experience expansion and contraction in size, revenue, or market share.

Retail Outlets

Physical stores or points of sale where consumers can purchase goods or services.

Retail Life Cycle

The retail life cycle refers to the process of growth and decline that retail outlets experience, similar to the life cycle of a product, including the stages of introduction, growth, maturity, and decline.