To Implement a Retail Strategy,a Retailer Must Develop a _____

question 78

Multiple Choice

To implement a retail strategy,a retailer must develop a _____ that satisfies the needs of its target market better than its competitors.

• A)production orientation
• B)horizontal integration
• C)sales orientation
• D)retail mix
• E)situation analysis

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Definitions:

Cross-border Trade

Trade that occurs when goods or services are exchanged across national borders.

Domestic Sourcing

The process of acquiring goods or services within the country where a company operates rather than from abroad.

Last Mile

The final stage of the delivery process where a product moves from a transportation hub or warehouse to its final delivery destination, often considered the most expensive and time-consuming part of the shipping process.

Transportation Management

The planning, execution, and control of the movement of goods in order to efficiently meet customer requirements and company objectives.