The Home Depot Entered the Market as a Store for Professional

question 143

Multiple Choice

The Home Depot entered the market as a store for professional and amateur plumbers,electricians,and carpenters.Then it introduced its garden centers.Next came its home design center that provides help with all kinds of interior decorating problems.Now it is enlarging its garden centers and hiring knowledgeable gardeners to staff these centers.The addition of more amenities and greater assortment can be best explained by which of the following?

• A)the 80/20 rule of retailing
• B)the success of off- price retailers
• C)the wheel- of- retailing hypothesis
• D)the interconnectedness of the retail life cycle
• E)the trend toward disintermediation

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Definitions:

Animal Magnetism

An outdated term that referred to a naturalistic healing power or force, postulated by Franz Mesmer, thought to reside within certain individuals.

Sakel

A reference to Manfred Sakel, a psychiatrist known for introducing insulin coma therapy for psychiatric purposes in the 1930s.

Insulin

A hormone produced by the pancreas that regulates glucose levels in the blood, crucial for managing diabetes.

Schizophrenia

A complex, chronic mental health disorder marked by distorted thinking, perceptions, emotions, language, sense of self, and behavior.