What advice would you give a friend who is interested in becoming a small retailer?
A) The flexibility of operations is the biggest advantage a small retailer has over a larger one.
B) A large investment in production equipment is required to become a retailer.
C) Buy store space rather than rent it, so that you can control the store layout and fixtures.
D) Small retailers should develop their own brands to create a competitive advantage.
E) Competition is seldom a problem.

Question

Quizplus · Accepted Answer

Small retailers often have the advantage of being more flexible in their operations compared to larger retailers, allowing them to adapt quickly to market changes and customer needs.

What Advice Would You Give a Friend Who Is Interested