Which of the Following Is a Commonly Used Method of Retail

question 73

Multiple Choice

Which of the following is a commonly used method of retail outlet classification?

• A)service versus product
• B)form of ownership
• C)proportion of national versus private label brands carried
• D)revenues generated
• E)profitability

---

Definitions:

Target Cash Balance

The ideal amount of cash that a company aims to hold to meet operational and transaction needs while minimizing holding costs.

Miller-Orr Model

A model used in financial management to determine the optimal level for cash balances under uncertainty.

Uncertainty

The lack of predictability or certainty about outcomes, often considered in the context of investment or economic forecasts.

Cash Flows

Incoming and outgoing cash movements in a business or project, crucial for understanding its liquidity and operational efficiency.