Which of the Following Best Explains Why New Retailers Often

question 39

Multiple Choice

Which of the following best explains why new retailers often squeeze out older retailers?

• A) retail borrowing
• B) the wheel-of-retailing hypothesis
• C) shrinkage
• D) pop-up retailing
• E) pyramid schemes

---

Definitions:

Refrigerated Trucks

Vehicles equipped with cooling apparatus to transport perishable goods at specific temperatures to maintain quality and safety.

Product Service

A combination of tangible goods and intangible services provided to fulfill the needs or desires of consumers.

Place Utility

The value added to products by having them available at a place where they are needed or wanted by consumers.

Consumers

Individuals or businesses that purchase goods or services.