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Explain Cyclical Theory Of Retailing?

Answer»

Cyclical theory basically EXPLAINS the different phases in a company. According to this theory, change follows a PATTERN and all phases have identifiable ATTRIBUTES associated with them. There are three primary components associated with the theory: WHEEL of retailing, retail LIFE cycle and retail accordion. 

Cyclical theory basically explains the different phases in a company. According to this theory, change follows a pattern and all phases have identifiable attributes associated with them. There are three primary components associated with the theory: wheel of retailing, retail life cycle and retail accordion. 



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