Planning and adapting to a complex,changing environment is the major focus of a(n)_____ approach to the study of retailing.
A)historical
B)strategic
C)institutional
D)functional

Question

Quizplus · Accepted Answer

A strategic approach to retailing involves analyzing and adapting to a constantly changing environment, while considering long-term goals and competitive advantages. Historical and institutional approaches may focus on the past or current state of retailing, without necessarily addressing how to navigate complexity and change. A functional approach may focus more on the day-to-day operations of retailing, rather than the larger strategic picture.

Planning and Adapting to a Complex,changing Environment Is the Major