Which of the following factors has adversely affected the competitive position of some department stores?
A) intense horizontal competition
B) the high cost of advertising on network TV
C) intense vertical competition
D) their low operating expenses
E) all of the above

Question

Quizplus · Accepted Answer

Department stores face intense horizontal competition from other department stores and retail formats, which affects their competitive position.

Which of the Following Factors Has Adversely Affected the Competitive