Increasing Intertype Competition Has Made It Harder for Retailers to Identify

question 6

Multiple Choice

Increasing intertype competition has made it harder for retailers to identify their:

• A) competition
• B) merchandise mix
• C) retail mix
• D) target market
• E) none of the answers provided are correct.

---

Definitions:

Small Businesses

Small businesses are independently owned and operated companies that are limited in size and revenue, depending on the industry.

Personal Communication

Direct interaction between individuals, allowing for the exchange of information or ideas.

Prospective Customer

An individual or organization that could potentially purchase a product or service but has not yet done so.

Needs

Basic or necessary desires or requirements essential for an individual's well-being or the effective functioning of a system.