Describe the wheel of retailing theory of retail


Question 1: Develop of list of expenses or costs for a department store and categorize them as fixed, variable and semifixed?

Question 2: Provide an example of intratype competiton, an example of intertype competition. Can a retailer face both intratype and intertype competition at the same time.

Question 3: Describe the wheel of retailing theory of retail competition. What is the theory's major strength and weakness.

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