Which of the Following Is the Biggest Threat to Convenience

question 54

Multiple Choice

Which of the following is the biggest threat to convenience stores?

• A)Increasing prices on convenience foods
• B)Supermarket chains also offering gasoline
• C)Vending machines
• D)Consumers having more expendable time to shop and compare prices
• E)Off-price retailers

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Definitions:

American Put

An option contract giving the holder the right, but not the obligation, to sell a specified amount of an asset at a predetermined price before or on a specified expiration date.

European Call

An option contract that allows the holder to buy the underlying asset at a specific price only on the expiration date.

American Option

A type of options contract that allows the holder to exercise the option at any time before and including its expiration date.

Expiration Date

The specified date on which an option, futures contract, or other derivative ceases to exist.