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Explain the Characteristics of the Three Era's of Retailing

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Explain the characteristics of the three era's of retailing.


Definitions:

Breeding Areas

Specific environments or habitats where animals reproduce and rear their young.

Transmissible Disease

An infectious disease that can be spread from one individual to another, either directly or via an intermediary such as a vector.

Living Organism

Any entity that exhibits the characteristics of life, such as growth, reproduction, and the capacity for metabolic activity.

Precautionary Principle

A strategy to cope with possible risks where scientific understanding is yet incomplete, suggesting action to avoid or diminish harm.

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