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An overall framework of action that guides a retailer is its ________. - (Correct Answer)retail
strategy
A major advantage of a firm's developing a retail plan is that it ________. - (Correct
Answer)anticipates and may avoid a crisis
Each of the steps in a retail strategy is ________. - (Correct Answer)interdependent with other
steps
心的坚强决定了我们的命运。当
The candid evaluation of the opportunities and potential problems facing a prospective or
我们面对挫折时,是一颗不屈的
existing retailer is referred to as ________. - (Correct Answer)situation analysis
心让我们勇敢前行
A retailer's commitment to a type of business and to a distinctive role in the marketplace is its
________. - (Correct Answer)organizational mission
Which ownership and management alternative is fully controlled by the owner, operationally
flexible, and subject to single taxation by the government? - (Correct Answer)sole proprietorship
In which ownership and management alternative is the owner personally liable with regard to
legal claims from suppliers, creditors, and others? - (Correct Answer)sole proprietorship
Benefits, profits, risks, and costs are shared in which retail ownership and management
alternative? - (Correct Answer)partnership
Which statement concerning the partnership form of ownership is not correct? - (Correct
Answer)Partnerships are subject to double taxation.