A retail establishment can be classified according to its ownership,level of service,product assortment,and price.

Question

Quizplus · Accepted Answer

This is true. Retail establishments can be classified based on these factors. Ownership can be private, public, or cooperative. The level of service can be self-service, full-service, or specialty service. The product assortment can be narrow or wide, and the price can vary from discount to luxury.

A Retail Establishment Can Be Classified According to Its Ownership,level