When Setting Goals and Objectives,a Retailer Has a Variety of Objectives

question 10

Essay

When setting goals and objectives,a retailer has a variety of objectives from which to choose.Please list and explain these objectives.How will each of these objectives influence the way in which the retailer conducts its operations?

---

Definitions:

Counter-Offer

A proposal made as a response to an offer, which negates the original offer and suggests new terms for an agreement.

Revocation

The official cancellation or withdrawal of an offer, license, or agreement.

Unilateral Contract

A binding agreement in which one party promises to do something in return for an act of the other party, rather than a promise.

Profit Participation

A financial arrangement where an individual's or entity's income is partially derived from the profits of a business or project.