The Three Key Methods of Classifying Retail Operations Are

question 145

Multiple Choice

The three key methods of classifying retail operations are

• A) method of operation, revenues generated, and merchandise line.
• B) form of ownership, method of operation, and merchandise line.
• C) form of ownership, level of service, and merchandise line.
• D) level of service, merchandise line, and revenues generated.
• E) merchandise line, form of ownership, and revenues generated.

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Definitions:

Business Managers

Professionals responsible for planning, directing, and overseeing operations and employees within a company to meet organizational goals.

Sales People

Individuals who are employed to sell products or services to customers.

Dissonance Reduction

The process of alleviating or eliminating cognitive dissonance through changing attitudes, beliefs, or actions that are in conflict.

Liking

A feeling of affection or fondness towards someone or something, often characterized by positive regard and enjoyment.