Staple Products

question 52

Multiple Choice

Staple products:

• A) need maximum exposure and widespread distribution at low cost.
• B) need adequate representation in major shopping areas.
• C) need widespread distribution but with assurance of preferred display.
• D) need widespread distribution near probable points of use.
• E) can have limited availability as long as display is good.

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Definitions:

Manufacturers

Entities or individuals involved in the production of goods using labor, machinery, tools, and chemical or biological processing or formulation.

Retailers

Businesses or individuals that sell goods directly to consumers for personal, non-business use.

Retail Situation

Describes the current state and dynamics of the retail market, including trends, challenges, and opportunities for retail businesses.

Location

A specific place or position, often considered in the context of business as a strategic factor in success.