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