The Place Element of the Retailing Mix Involves the Selection

question 155

Essay

The place element of the retailing mix involves the selection of the proper site location.List two reasons that selecting a proper site is a critical decision for a retailer.

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Definitions:

Equal Level

A principle of maintaining the same rank or status among various elements or individuals.

Extroverted Individuals

People who are outgoing, sociable, and tend to seek stimulation in the company of others.

HR Budget Process

The planning and allocating of resources within the human resources department to meet its objectives efficiently.

Staffing Table

A detailed outline used by organizations to identify the current and future human resource requirements of each department, including job titles and the number of positions needed.