A Disadvantage of a Leased Department to the Leased Department

question 26

Multiple Choice

A disadvantage of a leased department to the leased department operator is the _____.

• A)restriction on goods/services carried
• B)high promotional expense
• C)poor cash flow due to centralized checkouts
• D)creation of a one-stop shopping environment

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Definitions:

Legally Accountable

The obligation to be answerable for actions or decisions according to the law.

Selling Process

A series of steps taken by a salesperson to identify and qualify potential buyers, present a product or service, address objections, and close the sale.

Retail Shoe

Refers to the sale of shoes through retail outlets, including brick-and-mortar stores and online platforms, to the end consumer.

Buyer's Readiness

The stages a potential purchaser goes through before deciding to buy a product, including awareness, knowledge, liking, preference, conviction, and purchase.