Ochre, a store situated in a low-income locality, offers its products at relatively low prices.The goods for sale at Ochre vary frequently due to its low-budget procurement strategy.Ochre is an example of a(n):
A)specialty store.
B)extreme value retailer.
C)warehouse club.
D)convenience store.
E)category specialist.

Question

Quizplus · Accepted Answer

Ochre's strategy of offering low prices and frequently varying product selection aligns with the characteristics of extreme value retailers, which aim to provide value to customers by offering low prices on a changing assortment of products.

Ochre, a Store Situated in a Low-Income Locality, Offers Its