What Has Been the Effect of the Large-Scale Retail Store

question 9

Multiple Choice

What has been the effect of the Large-Scale Retail Store Location Act in Japan?

• A)No large stores (5,382 feet or 500 square meters)are allowed in Japan.
• B)Large stores,by way of encouragement of this act,are replacing small retail stores in Japan.
• C)Negotiations to pry open new markets for American companies have resulted in relaxation of many of the onerous restrictions on large retailers.
• D)It has allowed only Japanese-owned conglomerates to own large stores.
• E)Approval for new stores now takes several years even as long as 10 years.