Question

You hire an experienced pet industry executive to consult with you both throughout the process. In your first meeting, she presents you with an initial market analysis and trend report.

The first decision you need to make is what type of retail format you think will be best for your new venture.
- Superstore
- Specialty store
- Category killer
- Specialty store

Answer 1

Specialty store.

Step-by-step explanation:

Since it's your new business and you surely don't want to incur a huge investment at this stage. So choosing the other stores such as superstores or category killers will be costly and moreover, they will be irrelevant to your business. Because why would you need to open a general store when your business is related to the pet industry?