A retailer can anticipate and avoid crises through strategic retail planning.

Name: A retailer can anticipate and avoid crises through strategic retail planning.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Strategic retail planning involves identifying potential risks and developing strategies to mitigate them, which can help a retailer anticipate and avoid crises. By conducting market analysis, identifying key trends, and adapting to changes in the marketplace, retailers can reduce the likelihood and impact of crises in their business.

A Retailer Can Anticipate and Avoid Crises Through Strategic Retail