Which of the following is an area in which a retailer can develop a long-term competitive advantage?

Question

Quizplus · Accepted Answer

Vendor relations are important for a retailer to develop a long-term competitive advantage because they can help the retailer to secure better prices, terms, and delivery times from its suppliers. This can give the retailer a cost advantage over its competitors and allow it to offer lower prices to its customers.

Which of the Following Is an Area in Which a Retailer