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Convenience Stores Are Said to Be the Modern Version of the Mom-And-Pop

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Convenience stores are said to be the modern version of the mom-and-pop grocery or general stores.Those mom-and-pop stores are no longer around.If convenience stores want to thrive,what must they do to provide value to customers?


Definitions:

New Information

Fresh data or knowledge acquired that was previously unknown to the recipient.

Piagetian Process

A reference to the developmental and cognitive processes described by psychologist Jean Piaget, including stages of cognitive development and mechanisms of learning.

Accommodation

In cognitive development, the process by which individuals revise or adapt their cognitive schemas based on new experiences.

Psychosocial Development

A theory proposed by Erik Erikson that describes how individuals evolve through various stages of social and psychological development from infancy to adulthood.

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