The retailing concept is comprised of ________.
A) objectives, implementable actions, feedback, and strategy adjustment
B) short- and long-term objectives, organization mission, and the development of a competitive defensible strategy
C) customer orientation, coordinated effort, value-driven, and goal orientation
D) niche strategy, cost leadership, and focus

Question

Quizplus · Accepted Answer

The retailing concept is based on customer orientation, coordinated effort, a value-driven approach, and goal orientation. It focuses on satisfying the needs and wants of the customers while maintaining profitability. The other options include various business strategies or elements of a business plan, but they do not specifically address the unique features of the retailing concept.

The Retailing Concept Is Comprised of ________