An appropriate retailer action in the accelerated development stage of the retail life cycle is to establish a pre-emptive market position by leasing ideal locations to lock out competition.

Question

Quizplus · Accepted Answer

In the accelerated development stage, retailers should aim to establish a pre-emptive market position to gain a competitive advantage. One way of doing this is by leasing ideal locations to lock out competition. This allows the retailer to capture market share and establish brand recognition before competitors can enter the market. Therefore, option A is correct. Option B is incorrect as it does not align with the appropriate retailer action in the accelerated development stage.

An Appropriate Retailer Action in the Accelerated Development Stage of the Retail