Which of the Following Is the Best Example of a Conventional

question 315

Multiple Choice

Which of the following is the best example of a conventional retailer?

• A) A limited-line store.
• B) A department store.
• C) A supermarket.
• D) A convenience (food) store.
• E) None of these is a good example of a conventional retailer.

---

Definitions:

Technologically Obsolete

Refers to products, services, or technology that have become outdated or no longer maintain a competitive advantage due to advancements in technology.

Simple Rate Of Return

A method to evaluate an investment's efficiency by dividing the annual incremental net operating income by the initial investment cost.

Cash Operating Costs

Expenses a company incurs during its day-to-day operational activities that require cash payment.

Automating

The process of using technology to perform tasks without human intervention, often resulting in increased efficiency and reduced error.