Riveras, a Chain of Discount Stores, Utilized the Best Retailing

question 26

Multiple Choice

Riveras, a chain of discount stores, utilized the best retailing strategies of another successful retail chain to create a market for itself. By Learning from the retail chain, Riveras has used ___.

• A) qualitative forecasting
• B) quantitative forecasting
• C) scenario planning
• D) external benchmarking
• E) internal benchmarking

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Definitions:

Id

Part of the personality present at birth and completely unconscious.

Latin

A classical language originating from the Italic branch of the Indo-European languages, historically used as the language of ancient Rome and its empire.

Mind

The set of cognitive faculties that enables consciousness, perception, thinking, judgment, and memory—a complex system of faculties involved in an organism's interaction with its environment.

Consciousness

The quality or state of being aware of an external object or something within oneself, encompassing awareness, perceptions, and understanding.