When different types of retailers sell the same products at the same prices to the same customers, thanks in part to the price transparency of the Internet, the retail forms appear to be ________.
A) converging
B) differentiating
C) repositioning
D) adapting
E) declining

Question

Quizplus · Accepted Answer

The statement is describing a situation where retailers are becoming more similar in terms of their product offerings and pricing. This is known as converging.

When Different Types of Retailers Sell the Same Products at the Same