The Three Key Methods of Classifying Retail Operations Are

question 145

Multiple Choice

The three key methods of classifying retail operations are

• A) method of operation, revenues generated, and merchandise line.
• B) form of ownership, method of operation, and merchandise line.
• C) form of ownership, level of service, and merchandise line.
• D) level of service, merchandise line, and revenues generated.
• E) merchandise line, form of ownership, and revenues generated.

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Definitions:

Erik Erikson

A developmental psychologist and psychoanalyst known for his theory on the psychosocial development of human beings, which describes eight stages from infancy to adulthood.

Abraham Maslow

An influential psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Lawrence Kohlberg

A psychologist known for his theory of moral development, which describes how individuals evolve in their understanding of morality throughout their lives.

Integrity Vs. Despair

The final stage of Erik Erikson's theory of psychosocial development, where individuals reflect on their lives and either come to terms with their achievements or regret their failures.