QUESTION 34 A major advantage of a leased department to the leased department operator is some costs are reduced through shared facilities inflexibility of hours of operation and operating style the security of lease renewals the conformity of the leased department to the overall store's operating procedure QUESTION 35 A disadvantage of the use of company audit specialists in conducting a retail audit is the cost of the auditing process 0000 ability to see improvement/decline in performance over time ongoing nature of the process level of knowledge about the retailer QUESTION 46 Market penetration is an appropriate strategy when a retailer seeks to attract consumers less concerned with price and more concerned with service, assortment, and status early recovery of cash is a goal of the retailer new competitors are unlikely to enter the market low prices discourage actual and potential competition