Shabby Chic fashion boutique has responded to economic trends by placing an emphasis on improving the quality of merchandise it offers,improving customer service,and reducing its cost of goods sold.Shabby Chic is apparently dealing with which level of economic activity?

Question

Quizplus · Accepted Answer

Shabby Chic's emphasis on improving quality, customer service, and reducing cost of goods sold indicates that they are adapting to a challenging economic environment, which is typically associated with a recession.

Shabby Chic Fashion Boutique Has Responded to Economic Trends by Placing