Generally, the Larger a Retail Store and the Greater Its

question 109

True/False

Generally, the larger a retail store and the greater its selection, the broader its trade area size.

---

Definitions:

Service

Making a contribution to the welfare of others; the product which is an action or activity done for others for a fee.

Premium

Refers to a payment made for insurance coverage or an amount paid for a product/service above its standard cost.

Merchandise

Goods to be bought and sold, typically in a retail environment.

Incentive

A reward or benefit offered to motivate or encourage specific actions or behaviors from individuals or groups.