Place Is Concerned with the Selection and Use of Marketing

question 260

True/False

Place is concerned with the selection and use of marketing specialists-intermediaries and collaborators-and making goods and services available in the right quantities and locations when customers want them.

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Definitions:

Risk Of Mistake

A legal principle concerning the risks associated with the potential for misunderstanding or miscommunication in the terms of a contract or agreement.

Accepted The Risk

The concept in law where an individual acknowledges and willingly exposes themselves to a known danger or risk.

Limited Information

Availability of only partial data or details about a subject, making comprehensive understanding or decision-making difficult.

Fraud

The deliberate deception to secure unfair or unlawful gain, or to deprive a victim of a legal right.