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Which of the following statements is true of the Virginia Plan?
Distribution Centers
Facilities that store and distribute products and materials to retail locations, wholesalers, or directly to consumers, acting as a pivotal point in the supply chain.
Universal Product Codes
are unique 12-digit numbers used to identify retail products worldwide, facilitating the tracking, inventory, and sales processes.
Contractual Marketing System
A network of agreements between various parties in the distribution channel to promote, distribute, and sell products.
Four Ps
A marketing mix model that includes Product, Price, Place, and Promotion, used by businesses to consider key factors in marketing strategies.
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