A retailer who has already done a great job of developing a strategy:
A) should also be aware of changes on the national retailing scene, but need not concern itself with local changes.
B) need not worry what competitors are doing.
C) should never be seen visiting a competitor's store.
D) must make sure that its fixed costs exceed its variable costs.
E) must always remember that no retailer can ever design a strategy that will totally insulate it from the actions of competitors.

Question

Quizplus · Accepted Answer

Regardless of how well-developed a retailer's strategy is, they must always be aware that competitors may take actions that can impact their business. No retailer can completely insulate themselves from the actions of their competitors. It is important for retailers to adapt and adjust their strategies as needed in response to changes in the market and actions taken by competitors.

A Retailer Who Has Already Done a Great Job of Developing