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Which Variable Would Be Considered Part of the "Place" Element

question 67

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Which variable would be considered part of the "place" element of the marketing mix?


Definitions:

Employee Compensation

Refers to the total amount of pay and benefits, including salary, wages, bonuses, and benefits, that an employee receives from their employer.

Supermarkets

Retail stores that offer a wide variety of goods, including food, household items, and often pharmaceuticals, under one roof.

Shelf Space

The physical placement of products for sale within a retail environment, where positioning can affect product visibility and sales.

Barrier To Entry

Factors that make it difficult for new firms to enter an industry.

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