Which of the Following Is an Example of a Limited-Service

question 74

Multiple Choice

Which of the following is an example of a limited-service retailer?

• A) Customers at TAB pick out the products they want and pay at the checkout counter.
• B) Salespeople at Eli are always on hand to offer shoppers advice and assistance in choosing products.
• C) Mina's allows customers to check out their own purchases in order to reduce the staff count.
• D) CLO's offers a number of merchandise-return privileges, customers need information and assistance while shopping.
• E) Alison's stocks a number of specialty products and the store's salespeople generally help shoppers with all their needs.

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Definitions:

Downside Risk

The potential for loss or negative outcome in an investment or business situation.

Upside Potential

The potential for an investment, company, or project to increase in value or profitability.

Aggregation

The process of combining multiple data sets or information to produce summaries or insights for analysis.

Reward Distribution

The process of allocating rewards, recognition, and compensation among individuals or groups within an organization.