The Least Flexible Element of a Retailer's Strategy Mix Is

question 22

Multiple Choice

The least flexible element of a retailer's strategy mix is ________.

• A) merchandise assortment
• B) human resources
• C) pricing
• D) location

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Definitions:

Complex Adaptive Systems

Systems that are made up of multiple interconnected parts or agents, which adapt or learn from their environment.

Shared Value View

A business strategy concept focusing on identifying and expanding the connections between societal and economic progress.

Complex Adaptive Systems

Systems composed of interacting, adaptive agents able to respond to changes in their environment in a complex, non-linear way.

Ethical Climates

Refers to the pervasive beliefs and values within an organization that guide individual and group behavior in ethical dimensions.