Leroy Owns a Small Hardware Store That Is Known for Its

question 73

Multiple Choice

Leroy owns a small hardware store that is known for its high level of customer service. A large chain home improvement store has just opened up in his community. Which of the following would BEST help Leroy deal with his new competitor?

• A)Pay his employees "under the table" to avoid costly payroll taxes and keep prices lower.
• B)Close the business, since small stores cannot compete effectively with chain stores.
• C)Advertise aggressively to increase consumer awareness of his reputation for service.
• D)Move his store in order to be farther away from the large store.

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Definitions:

Negative Emotions

Feelings or emotions that lead to unpleasant experiences, such as sadness, anger, and fear.

Peer Approval

The positive acceptance or endorsement by one's social group or peers, often serving as a significant motivator for behavior.

Short-Term Mating

A mating strategy focused on seeking partners for brief romantic or sexual encounters rather than long-term committed relationships.

STDs

Sexually Transmitted Diseases; infections transmitted through sexual contact caused by bacteria, viruses, or parasites.