Reinforcing Tactics and Positive Attributes of the Store Are Used

question 21

True/False

Reinforcing tactics and positive attributes of the store are used to develop store loyalty,which is a major objective of retail channel strategy.

---

Definitions:

Positive

A term that can refer to a favorable outcome or condition, or in statistics, a correlation where two variables move in the same direction.

Marginal Product

The extra production yielded from the use of one additional unit of a specific input while keeping all other inputs unchanged.

Labor

Refers to human effort, both physical and mental, used in the production of goods and services.

Output

Output is the quantity of goods or services produced by a company, industry, or economy within a specified period.