Retail Life Cycle Refers to

question 61

Multiple Choice

Retail life cycle refers to

• A)the distinct stages a product goes through before it becomes obsolete.
• B)the process of growth and decline that retail outlets, like products, experience which consists of the early growth, accelerated development, maturity, and decline stages.
• C)the cycle of a customer's buying behavior from awareness of a product to its ultimate purchase.
• D)the relationship between the tangible aspects of a product and the types of services that need to accompany it.
• E)the traditional management changes that take place as a retail outlet grows.

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