The Three Principles (Three Rs) of Rapid Prototyping Are

question 115

Multiple Choice

The three principles (three Rs) of rapid prototyping are:

• A) develop a rough model, rapidly, and for the right price.
• B) develop a complete model, rapidly, and for the right problem.
• C) develop a rough model, rapidly, and for the right problem.
• D) develop a right model, roughly, for the right price.

Understand the classification and types of retail outlets.

Comprehend the pricing strategies in various retail formats including vending machines.

Grasp the global impact and significance of retailing.

Explain the dynamics between franchisees and franchisors.