Store Layout, Colors, Lighting, and Music Are All Considered Part

question 145

Multiple Choice

Store layout, colors, lighting, and music are all considered part of a store's retail

• A)sensory management plan.
• B)psychological attributes.
• C)antecedent attributes.
• D)personality type.
• E)atmosphere

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Definitions:

Variable Costs

Those costs, primarily labor and materials, that vary with production volume.

Profit

The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Market Competitiveness

The ability of a company or product to compete effectively in the marketplace based on factors like price, quality, and innovation.

Market Access

The conditions and barriers that a company faces when trying to enter a new market or industry, including regulatory, policy, and trade barriers.