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_____________ is a key component of the value proposition of both mini-stores and multi-purpose facilities.

a. Accessibility
b. Convenience
c. Competitor activity
d. Price consideration

1 Answer

1 vote

Final answer:

Convenience is the key component of the value proposition for both mini-stores and multi-purpose facilities, emphasizing easy access, efficient service, and a range of services or products. Transformation is not one of the four pillars of food security; the correct pillars are Availability, Access, Utilization, and Stability.

Step-by-step explanation:

Convenience is a key component of the value proposition of both mini-stores and multi-purpose facilities. Convenience refers to the ease with which customers can access and use the services and products offered by the stores or facilities. By highlighting convenience in their value proposition, these businesses aim to attract customers who value easy access, quick shopping experiences, or a variety of services in one location. Companies that focus on convenience often strategically locate their mini-stores or multi-purpose facilities in accessible areas, design layout and operations for efficient service, and provide a broad range of products or services.

Regarding the review question about food security, Transformation is not one of the four pillars of food security. The correct components or pillars that ensure food security are Availability, Access, Utilization, and Stability. These pillars ensure that food is available, people have access to it, it is adequately used, and its availability is stable over time.

User Suraj Shourie
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