Historical Approach to Retail Change and Marketing Models Quiz

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What theory did Alchain advance in 1950?

Theory of natural selection in retailing (correct)

Structural change model in retail systems

Theory of environmental determinism

Schumpeter's two types of competition

What does the theory of environmental determinism, developed by Markin and Duncan in 1981, focus on?

The process of adapting to environmental factors based on Darwinism (correct)

The impact of disruptive competition on retail changes

The importance of comparative studies in understanding retail change

The level of retail specialization as a function of environmental economics

Which of the following is NOT mentioned as a factor in Bucklin's model of structural change in retail systems?

Theory of natural selection

Comparative studies (correct)

Level of retail specialization

Environmental economics

What two main types of competition did Bliss use to explain retail changes?

Normal and disruptive competition Signup and view all the answers

What approach does the author suggest for understanding contemporary retail change?

Using a historical approach Signup and view all the answers

What does the author emphasize as important for analyzing retail change?

The importance of environmental factors Signup and view all the answers

According to the Accordion Theory, what is the cycle of retail change described by Hollander?

General shops -> specialty shops -> general shops Signup and view all the answers

Which theory suggests that retailers start as low-cost operators but eventually increase prices and services as they mature?

Wheel of Retailing Signup and view all the answers

According to the Three-Wheel Retailing theory, what drives retail change?

The conflict between the three wheels: conventional stores, low-order innovators, and high-order stores Signup and view all the answers

Which theory suggests that retail institutions follow a pattern of natural selection, where new and innovative retailers eventually displace mature retailers?

Wheel of Retailing Signup and view all the answers

What is the focus of the Historical Approach to studying retail change?

Developing a synthetic approach by combining marketing models Signup and view all the answers

Which theory suggests that retail change is driven by the penetration of different types of retailing institutions?

Three-Wheel Retailing Signup and view all the answers

What is the main focus of discount stores?

Offering a wide range of products Signup and view all the answers

What does the text suggest is a key factor behind the scenes at retail?

Corporations and independent store owners are always trying to get the edge on their competitors Signup and view all the answers

How is the 'evolution of retail management' described?

As a highly sophisticated form of management and marketing Signup and view all the answers

What does the text suggest about the perspective of early studies on retail change?

They focused on the perspective of retail institution change Signup and view all the answers

What is the Retail Sales report?

A measure of the consumer spending and an important indicator of the US GDP Signup and view all the answers

What does the text suggest about the relationship between retailers and manufacturing companies?

Retailers represent the culmination of the marketing process and the contact point between consumers and manufactured products Signup and view all the answers

Historical Approach to Retail Change and Marketing Models Quiz

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Questions and Answers

What theory did Alchain advance in 1950?

What does the theory of environmental determinism, developed by Markin and Duncan in 1981, focus on?

Which of the following is NOT mentioned as a factor in Bucklin's model of structural change in retail systems?

What two main types of competition did Bliss use to explain retail changes?

What approach does the author suggest for understanding contemporary retail change?

What does the author emphasize as important for analyzing retail change?

According to the Accordion Theory, what is the cycle of retail change described by Hollander?

Which theory suggests that retailers start as low-cost operators but eventually increase prices and services as they mature?

According to the Three-Wheel Retailing theory, what drives retail change?

Which theory suggests that retail institutions follow a pattern of natural selection, where new and innovative retailers eventually displace mature retailers?

What is the focus of the Historical Approach to studying retail change?

Which theory suggests that retail change is driven by the penetration of different types of retailing institutions?

What is the main focus of discount stores?

What does the text suggest is a key factor behind the scenes at retail?

How is the 'evolution of retail management' described?

What does the text suggest about the perspective of early studies on retail change?

What is the Retail Sales report?

What does the text suggest about the relationship between retailers and manufacturing companies?

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Historical Approach to Retail Change and Marketing Models Quiz

Podcast Beta

Questions and Answers

What theory did Alchain advance in 1950?

What does the theory of environmental determinism, developed by Markin and Duncan in 1981, focus on?

Which of the following is NOT mentioned as a factor in Bucklin's model of structural change in retail systems?

What two main types of competition did Bliss use to explain retail changes?

What approach does the author suggest for understanding contemporary retail change?

What does the author emphasize as important for analyzing retail change?

According to the Accordion Theory, what is the cycle of retail change described by Hollander?

Which theory suggests that retailers start as low-cost operators but eventually increase prices and services as they mature?

According to the Three-Wheel Retailing theory, what drives retail change?

Which theory suggests that retail institutions follow a pattern of natural selection, where new and innovative retailers eventually displace mature retailers?

What is the focus of the Historical Approach to studying retail change?

Which theory suggests that retail change is driven by the penetration of different types of retailing institutions?

What is the main focus of discount stores?

What does the text suggest is a key factor behind the scenes at retail?

How is the 'evolution of retail management' described?

What does the text suggest about the perspective of early studies on retail change?

What is the Retail Sales report?

What does the text suggest about the relationship between retailers and manufacturing companies?

More Quizzes Like This

Legacy of Sam Walton and Success Story of Do Won &amp; Jin Sook Chang...

Historical Approach to Contemporary Retail Change Quiz

Key Retail Terms Overview

Retail Management Chapter 11 Quiz

Legacy of Sam Walton and Success Story of Do Won & Jin Sook Chang...