All of the Following Have Contributed to the Changes in Modern

question 57

Multiple Choice

All of the following have contributed to the changes in modern retailing except

• A)the conversion of "mom and pop" shops to chain organizations.
• B)industry consolidation and flattening sales growth.
• C)the development of business-to-consumer commerce.
• D)the rise of Internet shopping outlets.
• E)the growth in global retail opportunities.

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Definitions:

Tax Election

A choice allowed under tax law that enables taxpayers to determine how they want certain tax rules to apply to them.

Member-Managed

Pertains to an organizational structure, typically in LLCs, where all members participate directly in decision-making and management activities.

Majority Vote

A decision-making process where the option that receives more than half of the votes is chosen.

Business Decisions

Choices made by individuals or groups in the context of business operations that affect the organization's strategy and performance.