The retail strategy helps a retailer to identify the following EXCEPT:
A)The target market toward which the retailer will direct its efforts.
B)The nature of the merchandise and services the retailer will offer to satisfy the needs of the target market.
C)How the retailer will build a long-term advantage over its competitors.
D)Determine the break-even point for making profits.

Question

Quizplus · Accepted Answer

The retail strategy helps a retailer to identify the target market, the type of merchandise and services to offer, and how to build a long-term advantage. However, determining the break-even point for making profits is a financial planning process and is not directly related to the retail strategy.

The Retail Strategy Helps a Retailer to Identify the Following