Question: Question 1: (five subparts) 5-1 Define retail strategy. List three decisions a retailer makes. 5-2 Explain how retailers build a sustainable competitive advantage. 5-3 Discuss

Question 1: (five subparts)

5-1 Define retail strategy. List three decisions a retailer makes.

5-2 Explain how retailers build a sustainable competitive advantage.

5-3 Discuss the different strategic growth opportunities retailers pursue.

5-4 Explain issues that arise as domestic retailers become global retailers.

5-5 List and describe the steps retailers go through to develop a strategic plan.

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