Author Question: Service is the fundamental basis of exchange; therefore it is also the basis of all competition. ... (Read 63 times)

cherise1989 · **on:** Jun 29, 2018

Service is the fundamental basis of exchange; therefore it is also the basis of all competition.

Indicate whether the statement is true or false

Question 2

The _____ theory suggests that all firms seek superior financial performance in an ever-changing environment, and as a result, firms are forced to change the elements of their retail mix to match changing consumer preferences.
a. wheel of retailing
b. retail accordion
c. retail life cycle
d. resource-advantage
e. monopolistic competitive