A Significant Disadvantage with the Use of Rationalized Retailing Is

question 40

Multiple Choice

A significant disadvantage with the use of rationalized retailing is the _____.

• A)high operating costs associated with standardization
• B)poor possible fit with local tastes
• C)loss of quantity discounts through volume purchasing
• D)need for more personnel due to decentralized decisions

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Definitions:

Internal Strengths

Unique capabilities within an organization that provide it with a competitive advantage in its industry.

Good Management

The practice of effectively and efficiently leading and organizing resources, including people, to achieve the goals of an organization.

Good Organization

A well-structured entity with efficient processes, clear objectives, and effective communication among its members.

Good Planning

The process of defining objectives, strategies, and actions to achieve goals effectively and efficiently.