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One strategy that Starbucks uses is opening stores in areas where competing coffee shops would have little chance of staying competitive with Starbucks. What Starbucks is then essentially doing is saturating the market, a strategy that falls under Blank______ within the four Ps framework.Multiple choice question.placepricepromotionproduct

Question

One strategy that Starbucks uses is opening stores in areas where competing coffee shops would have little chance of staying competitive with Starbucks. What Starbucks is then essentially doing is saturating the market, a strategy that falls under Blank______ within the four Ps framework.Multiple choice question.placepricepromotionproduct

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Solution

The correct answer is "place". This strategy falls under the "place" category within the four Ps framework, as it involves deciding where to sell the product in order to reach its target customers.

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