Fine specialty retailers most likely fall into the ________ group with respect to margins and volume.

Question

Quizplus · Accepted Answer

Fine specialty retailers typically offer high-quality, unique products and therefore can charge higher prices, resulting in a high markup. However, they typically operate with lower volumes due to their niche market, resulting in lower overall sales volume. Therefore, fine specialty retailers fall into the high-markup, lower-volume group.

Fine Specialty Retailers Most Likely Fall into the ________ Group