Which of the Following Statements About Location Strategy Is True

question 9

Multiple Choice

Which of the following statements about location strategy is true?

• A) Location is the second most important characteristic that consumers examine when selecting a store
• B) Consumers do not use convenience as a basis for selecting where to shop
• C) Location can never be used to gain any kind of long-term advantage over competitors due to retailing's low entry barriers
• D) Location offers an opportunity to gain a long-term advantage over competitors
• E) The only two characteristics more important than location in the selection process of where to shop are price and sales promotions

---

Definitions:

Pancreatic Duct

A duct connecting the pancreas to the duodenum, through which pancreatic juices flow to aid in digestion.

Zona Reticularis

Inner layer of the adrenal cortex that secretes androgens and estrogens.

Insulin Shock

A severe hypoglycemic condition resulting from an overdose of insulin, leading to low blood sugar levels, confusion, and unconsciousness.

Alpha Cells

Endocrine cells in the pancreas that produce glucagon, which raises blood glucose levels.