Consumers Benefit in Dealing with Retail Corporate Chains Because

question 91

Multiple Choice

Consumers benefit in dealing with retail corporate chains because

• A)corporate chains have more experience than other forms of retailers.
• B)they can own stock in the same company where they shop since corporate chain stock must be publicly traded.
• C)they can establish a credit history more easily than with other forms of retailers.
• D)there are multiple outlets with similar merchandise and consistent management policies.
• E)they have less stress in making decisions since merchandise is arranged and displayed by professional designers.

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Definitions:

Financial Measures

Quantitative indicators used to assess the financial stability, performance, and liquidity of a business entity.

Learning and Growth

Refers to the strategies and processes that facilitate the continuous improvement and development of employees, systems, and organizational capabilities.

Balanced Scorecard

A strategic planning and management system used by organizations to align business activities to the vision and strategy, improve internal and external communications, and monitor organizational performance against strategic goals.

Strategy Map

A visual tool used in strategic planning to align an organization's missions, visions, and goals to its strategy, displaying the cause-and-effect relationships among different strategic objectives.