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    Understanding Business Study Set 1
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    Exam 21: Managing the Marketing Mix: Product, Price, Place and Promotion
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    Budd's Floral Shoppe Is Located in a Large Town That
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Budd's Floral Shoppe Is Located in a Large Town That

Question 247

Question 247

True/False

Budd's Floral Shoppe is located in a large town that has several other florists. The owner, Rose Budd, is likely to find that the presence of many larger competitors means that the only way she can survive is to charge rock-bottom prices.

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