A retail firm downsizes when it ________.
A)acquires one or more competitors with a low-end strategy
B)enters the maturity stage of the retail life cycle
C)leaves the introduction stage of the retail life cycle
D)closes unprofitable outlets
E)shifts away from an upscale strategy

Question

Quizplus · Accepted Answer

When a retail firm closes unprofitable outlets, it reduces its size or downsizes to focus on the more profitable outlets.

A Retail Firm Downsizes When It ________