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Business Environment & Its Types

Quick practice

Question 1 of 5

Statement I:A speciality store is a type of retail outlet with a narrow product line and deep assortments.

Statement II: Supermarket is a type of retail outlet in which the products are large, low cost and have a low margin and a high volume.

A

Statement II is correct, but statement I is incorrect

B

Both statements are correct

C

Both statements are incorrect

D

Statement I is correct, but statement II is incorrect

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