_____ Carry Broad Product Assortments and Compete on the Basis

question 9

Multiple Choice

_____ carry broad product assortments and compete on the basis of offering a good selection in different product categories and offering lower prices on products in their large assortments.

• A)Specialty stores
• B)Mass merchandisers
• C)Convenience stores
• D)Category killers

---

Definitions:

Principle

A basic principle or statement that acts as the cornerstone for a belief system or behavior, or as the starting point for a sequence of logical arguments.

Hypothesis

A proposed explanation for a phenomenon, based on limited evidence as a starting point for further investigation.

Prototype

An original model or preliminary version from which other forms are developed or copied.

Normative

Relating to principles or rules of what is considered right and wrong, often used in economics to express subjective or value-based judgments.