Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Marketing Officer Miscellaneous Topics Wholesale and Retail Trade
"An outlet which starts as a general retailer grows into a specialized retailer and in course of time becomes even a bigger general retailer"
Above statement corresponds to which of the following theory of Retail?
1
Wheel of Retailing Theory
2
Retail Accordian Theory
3
Theory of Natural Selling
4
Retail Life Cycle Theory