When denormalizing a data model into a single object with a picklist field, the data architect should consider the Bulk API limitations on picklist fields and the standard list view in-line editing. The Bulk API has a limit of 1,000 distinct picklist values per file1, which could be an issue if there are more than 1,000 venues in the future. The standard list view in-line editing allows users to edit multiple records at once, which could introduce data quality issues if the venue picklist is not validated or restricted2. The other options are not relevant to denormalizing a data model.