Suppose That Using the Centroid Method You Found the Best

question 52

Multiple Choice

Suppose that using the centroid method you found the best location for a communications tower.The location happens to be in the middle of a pond.Then, you should locate the tower

• A)at that location using water proof concrete and precast poles.
• B)at the closest point outside the pond.
• C)using some other method
• D)after considering qualitative factors such as geography, roads and utilities to help find the exact location.
• E)None of the above

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Definitions:

Share Of Wallet

A marketing metric that represents the amount of a customer's total spending that a company captures in the products and services that it offers.

Online Retailers

Businesses that sell goods or services to consumers through the internet, without a physical storefront.

Private-label Brand

Products manufactured by one company but sold under another company's brand, often positioned as lower-cost alternatives to national brands.

Place

In marketing, refers to the distribution aspect of the marketing mix that determines how products get to the consumer.