-Use the Gantt Chart and the Activity List to Determine

question 18

Multiple Choice

-Use the Gantt chart and the activity list to determine which resource is used the least. $$\begin{array} { | l | l | l | l | } \hline \text { Activity } & \text { Resources } & \text { Activity } & \text { Resources } \\\hline \text { A } & 1 & \text { F } & 2 \\\hline \text { B } & 1 & \text { G } & 3 \\\hline \text { C } & 4 & H & 4 \\\hline \text { E } & 2 & \text { I } & 3 \\\hline\end{array}$$

• A) Resource 1
• B) Resource 3
• C) Resource 4
• D) Resource 2

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Definitions:

Retail Positioning Matrix

A strategic tool used by businesses to visualize and determine their competitive position in the market based on price and value offered.

Product Reliability

This refers to the likelihood of a product performing its intended function without failure over a specified period of time under normal conditions.

Retailing Mix

The combined tactics a retailer uses to stimulate interest and encourage purchases, including product assortment, price, promotion, and place.

Merchandise

Goods or items that are bought, sold, or traded; often referred to in the context of retail sales.