To sustain their maturity, some membership warehouse clubs now accept credit cards and offer home delivery through their Web site. This illustrates

Question

Quizplus · Accepted Answer

The wheel of retailing theory suggests that retail businesses start with low prices and minimal services to attract customers and then, over time, add services and amenities that raise prices and change their market position. Accepting credit cards and offering home delivery are examples of adding services to sustain maturity, aligning with the wheel of retailing concept.

To Sustain Their Maturity, Some Membership Warehouse Clubs Now Accept