Which retail strategy is typically based on benchmarking from firms in other industries?
A)potential retail strategy
B)primary retail strategy
C)augmented retail strategy
D)expected retail strategy

Question

Quizplus · Accepted Answer

Potential retail strategy involves identifying best practices and adapting them to the specific retail environment, often through benchmarking from other industries. Therefore, A is the best choice for the question. The other options (B, C, and D) are not typically based on benchmarking from other industries.

Which Retail Strategy Is Typically Based on Benchmarking from Firms