The use of standardized store layouts,second-use locations,and buying refurbished equipment are characteristics of ________.
A) adaptation strategies
B) a cost-containment approach
C) positioned retailing
D) mass merchandising

Question

Quizplus · Accepted Answer

The use of standardized store layouts, second-use locations, and buying refurbished equipment are all examples of cost-containment strategies aimed at reducing expenses and maximizing profits. These approaches are often used by businesses focused on managing costs, which is the overarching goal of a cost-containment approach.

The Use of Standardized Store Layouts,second-Use Locations,and Buying Refurbished Equipment