Solved

Two Years Ago, the Private Equity Firm You Are the General

Question 229

Multiple Choice
Two years ago, the private equity firm you are the general partner of purchased a portfolio of regional shopping centers in Texas. The shopping centers have performed well, but not as well as you would like. So, you have decided to convert them to superregional shopping centers in an effort to boost their profits. Which of the following marketing-related steps will you need to take in order to affect this transformation?

Two years ago, the private equity firm you are the general partner of purchased a portfolio of regional shopping centers in Texas. The shopping centers have performed well, but not as well as you would like. So, you have decided to convert them to superregional shopping centers in an effort to boost their profits. Which of the following marketing-related steps will you need to take in order to affect this transformation?


A) You will need to expand the width and length of your product mixes.
B) You will need to upgrade the architectural designs of the stores.
C) You will need to increase your marketing to value-conscious customers.
D) You will need to reduce the number of stores in the shopping center.
E) You will need to reduce your target market, and focus on a smaller geographical area.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents