Considering types of retailer stores, the one which is low margin, high volume and offers self-service operations to serve consumers grocery needs is classified as?

Considering types of retailer stores, the one which is low margin, high volume and offers self-service operations to serve consumers grocery needs is classified as?

A. selective market
B. super market
C. extensive market
D. exclusive market

The concept which states that new retailers begin as low price and low margin retailers and then covert into high priced retailers they have replaced is called?

The concept which states that new retailers begin as low price and low margin retailers and then covert into high priced retailers they have replaced is called?

A. wheel of mega retailers
B. wheel of retailing concept
C. cycle of retailers
D. retailers discount concept