A _______________ Retail System Is One in Which There Are

question 48

Multiple Choice

A _______________ retail system is one in which there are many retailers,no one of which has a major share of the market.

• A) concentrated
• B) consolidated
• C) focused
• D) fragmented
• E) diverse

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Definitions:

High Standardization

The process or practice of implementing and developing technical standards based on the consensus of different parties.

Automotive Products

Goods and materials manufactured for use in vehicles, including parts, accessories, and fuels.

General Online Merchant

is a broad term for a business that sells a wide range of products through an online platform, catering to a diverse consumer base.

Consumer Electronics

Electronic devices intended for everyday use by individuals, including smartphones, televisions, and personal computers.