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Which of the following are common ways that retail outlets can be classified?

a. Size of the store.
b. Location.
c. Product offerings.
d. Employee dress code.

User PeterJames
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1 Answer

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Final answer:

Retail outlets are commonly classified by the size of the store, location, and product offerings. The employee dress code is not a common classification. Classifications help in understanding the operations and market position of retail businesses.

Step-by-step explanation:

Retail outlets can be classified in several ways to better understand their operations, customer base, and overall market position. Common classifications of retail outlets include:

  • Size of the store: Small boutiques, mid-sized stores, or large department stores and supermarkets.
  • Location: This could be downtown, in a suburban shopping mall, or a rural area.
  • Product offerings: Specialized stores focus on a particular category like electronics or apparel, while others may offer a wide range of products.

However, the classification based on employee dress code is not commonly used to categorize retail outlets. Instead, this would be more specific to the branding or internal policy of a given retailer. Retailers often aim for efficiency, predictability, calculability, and control in their operations to ensure consistency, which can lead to a certain level of standardization in products and services provided across different locations.

User Dave Lyndon
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