Both Mikell Sevier and Jayson Hammerschmidt are considered comic book experts. They both have an extensive private collection of comics. Both are recognized as experts in their field, and both dream of owning their own business. Sevier wants to open a small retail store in which he buys, sells, and trades comics to other collectors. Hammerschmidt wants to open a similar retail operation on the Internet. Both will offer extensive customer service, and customer satisfaction will be their ultimate goals.
-Which of the following advantages will Hammerschmidt and Sevier have as small independent retailers?
A) access to a vertical marketing system
B) flexibility of operations
C) economies of scale
D) various forms of management assistance
E) all of the above

Question

Quizplus · Accepted Answer

Small independent retailers like Hammerschmidt and Sevier typically benefit from flexibility of operations, allowing them to quickly adapt to market changes or customer preferences, which is not as easily achievable by larger, more bureaucratic organizations.

Both Mikell Sevier and Jayson Hammerschmidt Are Considered Comic Book