Of the Following,the Store That Is Best Described as a Large,low-Cost,low-Margin,high-Volume,self-Service

question 142

Multiple Choice

Of the following,the store that is best described as a large,low-cost,low-margin,high-volume,self-service retailer is the ________.

• A)convenience store
• B)specialty store
• C)supermarket
• D)factory outlet store
• E)discount store

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Definitions:

Cumulative Voting

Cumulative voting is a method used in corporate elections, allowing shareholders to allocate their votes in any manner they choose among the candidates, offering minority shareholders a better chance of representation.

Minority Shareholders

Shareholders who own less than 50% of a company's shares and therefore, have less influence over decision making.

Board Of Directors

A group of individuals elected by shareholders to oversee the management and make strategic decisions for a corporation.

Proxy

The right to act for another on a specific issue. In finance the right to cast another’s vote in the election of corporate directors. Incumbent directors routinely solicit stockholders’ proxies for reelection.