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
Which of the following can contribute to the failure of a retail business?
High sales and revenue
Effective marketing strategies
Poor financial management
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.
What is the consequence of inadequate financial management in retail trade?
Increased customer demand
Enhanced cash flow
Difficulty in paying bills and suppliers
Which of the following factors is NOT mentioned as a reason for the failure of retail trade?
Intense competition
Inappropriate location
Effective marketing strategies
Name one possible reason for the failure of retail trade.
What role does poor financial management play in the failure of a retail business?