Which of the Following Questions Relates to the Place Element

question 56

Multiple Choice

Which of the following questions relates to the place element of the marketing mix?

• A)Do I need to hire salespeople?=
• B)How long has my product existed?
• C)How do I want the public to view my product?
• D)How much inventory should I have?
• E)Should I offer customers a discount?

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Definitions:

Assimilation

The cognitive process of fitting new information into pre-existing cognitive schemas, perceptions, and understanding.

Accommodation

In cognitive development, the process by which individuals modify their existing mental frameworks or schemas to incorporate new information.

Organization

A structured arrangement of people and resources designed to achieve specific goals and objectives.

Sensorimotor Stage

The first stage of Jean Piaget's theory of cognitive development, where infants from birth to approximately 2 years old understand the world through their sensory experiences and motor actions.