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Why Is a Store's Location One of the Most Important

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Why is a store's location one of the most important strategic retailing decisions?


Definitions:

Mass Production

The manufacture of large quantities of standardized products, often on assembly lines, enabling economies of scale.

Continuous-Process Technology

Technologies or systems designed for the continuous production of goods, typically in manufacturing.

Automated Chemical Processing

The use of technology and machinery to perform chemical reactions and operations with minimal human intervention, enhancing efficiency and safety.

Continuous-Process Technology

Systems or technologies that produce goods or services in an uninterrupted flow, often seen in industries like chemicals or power generation.

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