A type of retail outlet that focuses on one type of product at very competitive prices and often dominates the market is called a:
A)general merchandise store.
B)category killer.
C)hypermarket.
D)specialty outlet.

Question

Quizplus · Accepted Answer

A category killer is a retail outlet that specializes in one type of product and offers a large selection at very competitive prices. They often dominate the market in their category and can force smaller competitors out of business. General merchandise stores carry a wide variety of products, hypermarkets are large supermarkets that sell both food and non-food items, and specialty outlets focus on a narrow range of products but may not necessarily offer competitive prices.

A Type of Retail Outlet That Focuses on One Type