Discount stores and mass merchandisers falls into
A)High-mark up, lower volume group
B)Low-mark up, higher volume group
C)High-mark up, higher volume group
D)None of the above

Question

Quizplus · Accepted Answer

Discount stores and mass merchandisers typically operate on a business model that involves low mark-ups on their products but aims for higher volume in sales. This strategy allows them to offer competitive prices to attract a large number of customers, thereby compensating for the lower profit margin per item with a high volume of sales.

Discount Stores and Mass Merchandisers Falls into