Which of the Following Is a Component of Retail Mix

question 26

Multiple Choice

Which of the following is a component of retail mix?

• A) Product design
• B) Market intelligence
• C) Human resource practice
• D) Pricing policy
• E) Employee performance data

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Definitions:

Learning Orientation

An attitude or approach that emphasizes acquisition of knowledge, skill development, and adapting based on new information.

Self-Leadership

A process whereby individuals influence themselves to achieve self-direction and self-motivation to perform.

Job Specialization

The process of focusing work roles and tasks on specific aspects of a job or industry to increase efficiency and expertise.

Empowerment

The process of granting individuals or groups the autonomy, resources, and capability to make decisions and carry out actions in their roles.