An Effective Retail Layout Should

question 47

Multiple Choice

An effective retail layout should:

• A) pull customers into the store.
• B) make it easy for customers to locate the merchandise they are looking for.
• C) take customers past displays of items they might buy on impulse.
• D) All of the above

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Definitions:

Customer Demand

The total amount of a product or service that consumers are willing to purchase at a given price level within a specific time period.

Just-In-Time (JIT)

A management strategy that aligns raw-material orders from suppliers directly with production schedules to reduce inventory costs and increase efficiency.

Production Capacity

The maximum output that a business can produce in a given period with the available resources.

Process Reengineering

The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance.