In which one of the following types of store retailers, large, low-cost, low margin, high-volume,…
A 'Supermarket' is defined in retailing as a relatively large, low-cost, low-margin, high-volume, self-service store designed to meet consumers' total needs for food,…
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In which one of the following types of store retailers, large, low-cost, low margin, high-volume, self-service store attributes are designed to meet total needs for food and household products ?
Answer and explanation
Correct answer A
A 'Supermarket' is defined in retailing as a relatively large, low-cost, low-margin, high-volume, self-service store designed to meet consumers' total needs for food, grocery, and household products.
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UGC NET Management