What Are Some of the Challenges Being Faced by Malls

question 97

Multiple Choice

What are some of the challenges being faced by malls?

• A) Malls are being challenged as competition from other retail locations (like power and lifestyle centres, etc.).
• B) Shoppers are looking for "value" alternatives to stores found in malls.
• C) The apparel business continues to be weak, causing some specialty stores to close.
• D) Many malls are old and unappealing to shoppers.
• E) All of these are challenges being faced by malls.

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Definitions:

Individualism

A social theory favoring freedom of action for individuals over collective or state control.

Cultural Competency

The skill to appreciate, interact with, and adeptly connect with individuals of different cultural origins.

Own Biases

Personal prejudices or preconceived notions that can influence one's judgment and perception.

Tolerance

The readiness to tolerate emotions, practices, or convictions that diverge from one's personal views.