All of the Following Have Contributed to the Changes in Modern

question 41

Multiple Choice

All of the following have contributed to the changes in modern retailing except

• A)the growth in global retail opportunities.
• B)the rise of Internet shopping outlets.
• C)the development of business-to-consumer commerce.
• D)industry consolidation and flattening sales growth.
• E)the conversion of "mom and pop" shops to chain organizations.

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Definitions:

Interest Rate

The percentage at which interest is charged or paid on borrowed or saved money, often expressed as an annual percentage rate.

Supplied

The quantity of a good or service that producers are willing and able to sell at a given price.

Closed Economy

A financial structure that doesn't engage with external economies through trade, investment, or the movement of people.

Public Saving

The difference between the tax revenues and government spending of a country, representing the government's surplus or deficit.