Figure 13-4
-Figure 13-4 above shows the wheel of retailing, which indicates that retail outlets typically go through changes with the passage of time, starting at Box A. What characteristics in the wheel of retailing does B represent?
A) low prices, low margins, low status.
B) higher prices, higher margins, and higher status.
C) low prices, high margins, and high status.
D) stable prices, low margins, and stable status.
E) moderate prices, high margins, and high status.
Correct Answer:
Verified
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