Which of the Following Describes an Advantage That Independent,single-Store Establishments

question 49

Multiple Choice

Which of the following describes an advantage that independent,single-store establishments have over other forms of ownership?

• A)economies of scale
• B)react quickly to market changes
• C)bureaucratic operation
• D)very low set-up costs
• E)distribution efficiency

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Definitions:

Publicity Campaign

A coordinated promotional strategy aimed at attracting public attention and awareness to a product, service, or event.

Employee Volunteers

Workers who offer their services and skills to a cause or for community service without monetary compensation through their employer's volunteer programs.

Public Relations

The professional maintenance of a favorable public image by a company or other organization or a famous person.

Paid Communications

Marketing efforts that involve paying for space or airtime to promote products, services, or ideas.