In the stage of the retail life cycle,the retailer often is an aggressive entrepreneur who takes a unique approach to doing business by creating a differential advantage,such as competing on the basis of low price.offering a distinctive assortment,or using a different way to distribute products.
A)expansion
B)growth
C)maturity
D)extension
E)introduction

Question

Quizplus · Accepted Answer

In the introduction stage of the retail life cycle, retailers often innovate to establish a differential advantage, such as unique pricing, product assortment, or distribution methods, to attract customers and build market presence.

In the Stage of the Retail Life Cycle,the Retailer Often