Considering types of retailer stores, the one which is low margin, high volume and offers self-service operations to serve consumers grocery needs is classified as?
Correct answer: B. super market
- A. selective market
- B. super market
- C. extensive market
- D. exclusive market
Explanation
Supermarkets use self-service, high sales volume, and relatively low margins to meet consumers' regular grocery needs. Their operating model differs from selective or exclusive retailing, which limits product availability.
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