Business Studies, asked by mabelmonteiro102, 11 days ago

the retail store changer format to suit the requirements of

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Answered by kushagrap62
0

Answer:

WHAT CANT UNDERSTAND THIS QUESTION

Answered by Renu0838
1

Answer:

The retail format (also known as the retail formula) influences the consumer's store choice and addresses the consumer's expectations. At its most basic level, a retail format is a simple marketplace, that is; a location where goods and services are exchanged.

Make Customer Satisfaction Your Hallmark.

Know Your Market.

Keep House like the Big Boys.

Decide That You Will Never Lose a Client to a Competitor.

Follow the Principles of Profitable Cash Management.

Maximize Profits through Impulse Sales.

Adhere Strictly to Scientific Inventory Control.

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