Reasons why retail trade may fail. - SS1 Commerce Past Questions and Answers - page 1
1
What is one possible reason for the failure of retail trade?
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A
Lack of customer demand
B
Excessive competition
C
Inadequate store location
2
Which of the following can contribute to the failure of a retail business?
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A
High sales and revenue
B
Effective marketing strategies
C
Poor financial management
3
What role does customer demand play in the success of retail trade?
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A
It is not a significant factor.
B
It is the primary driver of success.
C
It has no impact on sales.
4
What is the consequence of inadequate financial management in retail trade?
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A
Increased customer demand
B
Enhanced cash flow
C
Difficulty in paying bills and suppliers
5
Which of the following factors is NOT mentioned as a reason for the failure of retail trade?
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A
Intense competition
B
Inappropriate location
C
Effective marketing strategies
6
Name one possible reason for the failure of retail trade.
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7
What role does poor financial management play in the failure of a retail business?
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