Those aspects of business that a retailer can directly affect (such as store hours and location)are referred to as ________.
A) controllable variables
B) uncontrollable variables
C) strategy
D) tactics

Question

Quizplus · Accepted Answer

Controllable variables are those aspects of a business that a retailer has direct control over and can change or adjust as needed, such as store hours, location, pricing, product selection, and marketing strategies. On the other hand, uncontrollable variables are external factors that a retailer cannot control, such as economic conditions, consumer trends, and competition. Strategy refers to the overall plan or approach that a retailer takes to achieve its goals, while tactics are specific actions or methods used to implement the strategy.

Those Aspects of Business That a Retailer Can Directly Affect