Retail Life Cycle Refers to

Multiple Choice

Retail life cycle refers to

A) the distinct stages a product goes through before it becomes obsolete.
B) the process of growth and decline that retail outlets, like products, experience.
C) the cycle of a customer's buying behavior from awareness of a product to its ultimate purchase.
D) the relationship between the tangible aspects of a product and the types of services that need to accompany it.
E) the traditional management changes that take place as a retail outlet grows.