The Retailer's First Step in Developing a Cost-Effective Way for a Retailer

question 1

Multiple Choice

The retailer's first step in developing a cost-effective way for a retailer to reach its customer with either a traditional store or virtual store is:

• A) establish its budget.
• B) identify its strengths and weaknesses.
• C) identify its target market.
• D) develop a list of constraining factors.
• E) hire a real-estate consultant.

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Definitions:

Central Nervous System

The part of the nervous system that comprises the brain and spinal cord, responsible for processing and sending out information.

Sensory Neurons

Nerve cells that transmit sensory information (sight, sound, feeling, etc.) to the brain or spinal cord.

Parasympathetic

Refers to the part of the autonomic nervous system that conserves energy by slowing the heart rate, increasing intestinal and gland activity, and regulating the relaxation response.

Endorphins

Natural, pain-relieving chemicals produced by the body, often released in response to stress or exercise, and associated with feelings of euphoria.