Which of the Following Statements About Place Is True

question 24

Multiple Choice

Which of the following statements about Place is true?

• A) Most consumer products and most business products are sold to intermediaries who then sell them to final customers.
• B) Place decisions are usually harder to change than other marketing mix decisions.
• C) There is always one Place arrangement that is "best" for a product.
• D) A series of individuals who aid in the flow of goods and services from producer to final customer is called a distribution network.
• E) None of these statements about Place is true.

---

Definitions:

Market Price

The value of a good or service determined by the supply and demand within a competitive marketplace.

Corn Rises

An increase in the market price of corn, which can be due to various factors such as supply constraints, increased demand, or external market conditions.

Opportunity Cost

Sacrificing the possible benefits of various alternatives by selecting a specific choice.

Transportation Systems

The infrastructure and operations that facilitate the movement of people and goods from one location to another.