Asked by Krystina Marschall on Jul 14, 2024
Verified
All of the following have contributed to the changes in modern retailing except
A) the growth in global retail opportunities.
B) the rise of Internet shopping outlets.
C) the development of business-to-consumer commerce.
D) industry consolidation and flattening sales growth.
E) the conversion of "mom and pop" shops to chain organizations.
Internet Shopping
The act of purchasing goods or services over the internet, using various devices like computers, tablets, or smartphones.
Global Retail
The selling of goods and services across international borders, through either physical stores or digital platforms, to consumers in different countries.
- Identify trends affecting modern retailing.
Verified Answer
DC
Donna CarrollJul 17, 2024
Final Answer :
D
Explanation :
Industry consolidation and flattening sales growth have not contributed to changes in modern retailing; instead, they are outcomes of various pressures including competition and market saturation. The other options directly contribute to the evolution of retail by expanding market reach, changing consumer behavior, and altering the structure of retail businesses.
Learning Objectives
- Identify trends affecting modern retailing.
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