In a model stock approach,a retailer determines its floor space needs on the basis of _____.
A)perishability and storage needs
B)maintaining a proper assortment
C)profitability
D)opportunities to maximize sales

Question

Quizplus · Accepted Answer

In a model stock approach, a retailer determines its floor space needs based on maintaining a proper assortment. This means the retailer carefully selects the right mix of products to offer in order to meet customer demand and provide a good shopping experience. By allocating appropriate floor space to each category or product line, the retailer can optimize sales and profitability. Other factors such as perishability, storage needs, and opportunities to maximize sales may also be considered, but the primary focus is on maintaining the right assortment.

In a Model Stock Approach,a Retailer Determines Its Floor Space