BUSINESS ADMINISTRATION
RETAIL MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Below are important elements in retail management, except:
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Merchandising
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Place
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Human Resource
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Marketing
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Explanation:
Detailed explanation-1: -To get storesdesigned, built, renovated and maintained on time and on budget, it is highlycritical to work smarter than your competitors and stay connected with the 3core elements of effective retailing-People, Process & Technology.
Detailed explanation-2: -The three most important items to consider in retail strategy that factor directly into value are pricing, location, and merchandise (see Figure 18.10). Because retailers sell goods and services often produced by another company, communication with channel members is another important topic.
Detailed explanation-3: -Operations management or production management. Strategic management. Marketing management. Financial management.
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