Which of the following is most likely gained by stores that cluster together?
A) decreased competition
B) increased customer pulling power
C) compliance with franchise agreements
D) creation of retailer cooperatives
E) standardization of the service mix

Question

Quizplus · Accepted Answer

Stores that cluster together often benefit from increased customer pulling power. This is because when consumers visit one store in a cluster, they are likely to visit other nearby stores as well, creating a pull for more customers to the area. This can benefit all stores in the cluster by increasing foot traffic and potential sales.

Which of the Following Is Most Likely Gained by Stores