Asked by Tempest Hansen on Jul 03, 2024

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Because many consumers choose stores based on proximity to their workplaces or homes, great locations are

A) difficult to define.
B) more important than great products.
C) always situated near supply chain members.
D) a competitive advantage that few rivals can duplicate.
E) almost always locations next to big-box discounters.

Competitive Advantage

A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.

Great Locations

Prime or advantageous physical positions for businesses, typically offering high visibility, accessibility, and customer traffic.

Proximity

The physical or psychological closeness between people, places, or things, often influencing interactions and communications.

  • Acknowledge the significance of strategic convenience store placements and the principle of "location, location, location" in achieving retail prosperity.
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MY
Melanie YakelJul 09, 2024
Final Answer :
D
Explanation :
Great locations are a competitive advantage as it is not easy for rivals to duplicate them. Consumers prefer stores that are easily accessible from their workplaces or homes which makes it important for companies to secure great locations.