36. Answer all 5 questions

Fast food outlets, supermarkets, and convenience stores are all in which stage of the retail life cycle? Early Growth Decline Accelerated Development Maturity A general term for a retailer that sells a wide variety of items at discount prices is a/an Extreme Value Retailer Specialty Store Big Box Retailer Category Killer Retail stores that offer a variety of items at below-average prices because the products are slighly damaged, out of season, or slightly behind current styles are called: Wholesalers Generic Retailers Off-Price Stores Department Stores What do you buy when you buy a Taco-Bell franchise? The right to create your own Taco-Bell branded menu. The secret Taco Bell recipes. The brand, process, and know-how to run a successful Taco Bell. A passive income from being an investor in the Brand. The first Target store opened in Roseville, Minnesota in 1962 selling clothes, shoes, and home goods. Over time, Target has added a pharmacy, a grocery department, and a food court. These changes to Target over time are exemplary of The Wheel of Retailing The Marketing Mix Time/Reality The Product Life Cycle