Which of the Following Conditions Increases the Chances of a Retailer

question 65

Multiple Choice

Which of the following conditions increases the chances of a retailer opting to be categorized as a self-service retailer?

• A) when consumers need warranty information about shopping goods
• B) when customers are willing to conduct their own locate-compare-select process
• C) when the store offers luxury products at highly affordable prices
• D) when customers are looking for a narrow product line with a deep assortment
• E) when the store has been converted into a designer shop from a department store

---

Definitions:

Assessment Value

The dollar value assigned to a property for purposes of measuring applicable taxes or insurance premiums.

Investment Company

A business structure, such as a corporation or trust, dedicated to managing the combined investments of various investors in financial markets.

Front-end Loads

Charges or fees that are paid by investors at the time of purchasing shares of a mutual fund or an investment trust.

Low-load Mutual Funds

Mutual funds that charge a lower sales load (commission) compared to typical sales charges, making them more cost-effective for investors.