The Principal Difference Between Shantytowns and Slums Is That Shantytowns

question 44

Multiple Choice

The principal difference between shantytowns and slums is that shantytowns are

• A) Maintained by the city
• B) Built by the city but condemned
• C) Illegal and built by residents
• D) Legal but below code
• E) Built on land that the residents own

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Definitions:

Retail Positioning Matrix

A strategic tool used by businesses to visualize and determine their competitive position in the market based on price and value offered.

Product Reliability

This refers to the likelihood of a product performing its intended function without failure over a specified period of time under normal conditions.

Retailing Mix

The combined tactics a retailer uses to stimulate interest and encourage purchases, including product assortment, price, promotion, and place.

Merchandise

Goods or items that are bought, sold, or traded; often referred to in the context of retail sales.