One Way Traditional Retailers Have Maintained Customers in the Face

question 62

Multiple Choice

One way traditional retailers have maintained customers in the face of increasing competition from online sellers and other direct markers is to place more emphasis on providing ________ utility.

• A) psychographic
• B) place
• C) service
• D) form

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Definitions:

Annual Budget

A financial plan for a year, outlining expected revenues and expenditures.

Restricted Grant

A grant that comes with specific conditions stipulated by the donor that dictate how the funds can be used.

Election Day

The designated day when voters cast their ballots to choose their government leaders or decide on public issues.

Purchases Method

An accounting method for consolidating the financial statements of entities when one controls another, focusing on the parent's purchase of the subsidiary.