A Retailer's "Place" May Include

question 19

Multiple Choice

A retailer's "Place" may include:

• A) a physical store and/or an online store.
• B) store size and layout.
• C) number of stores.
• D) store hours.
• E) All of these are included in a retailer's "Place."

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Definitions:

International Business

Commercial activities that involve the transactions of goods, services, resources, technology, or capital across national borders.

Profit Transactions

Financial operations that result in net income or gain for a business.

Goods and Services

Goods and services constitute the fundamental outputs of economic activity, with goods being tangible products and services being intangible activities or benefits provided to consumers.

Cultural Variable

An element of culture, such as norms, values, or practices, that can vary significantly across societies or among groups within a society.