The Place Element of the Retailing Mix Involves the Selection

question 77

Essay

The place element of the retailing mix involves the selection of the proper site location.List two reasons why selecting a proper site is a critical decision for a retailer.

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Definitions:

Organizational Culture

The communal norms, values, and beliefs that affect employees' attitudes, emotions, and behavior inside an organization.

Role Management Stage

A phase in career development where individuals focus on balancing and adjusting their roles within their professional settings to meet both personal and organizational expectations.

Organizational Socialization

The process through which new employees acquire the necessary knowledge, skills, and behaviors to become effective organizational members.

Socialization Adjustment Process

The process through which individuals learn and adapt to the norms, values, behaviors, and social skills necessary for integration into a new social group or culture.