As the Old Cliché Claims, the Three Most Important Things

question 1

Multiple Choice

As the old cliché claims, the three most important things in retailing are

• A)size, location, and convenience.
• B)price, promotion, and place.
• C)location, location, location.
• D)price, price, price.
• E)before, during, and after the sale.

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Definitions:

Conscientiousness

A personality trait characterized by being thorough, careful, or vigilant; it implies a desire to do a task well, and to take obligations to others seriously.

Neuroticism

A personality trait characterized by anxiety, moodiness, worry, envy, and jealousy.

Openness to Experience

A personality trait that features the desire to explore new activities, ideas, and experiences.

Five-Factor Model

A theory that describes human personality through five dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.