Explain the statement, “Not every portion of a small store’s interior space is of equal value in generating sales revenue.” What areas are most valuable?
Answer to relevant QuestionsAccording to market research firm NPD Group, in 1985, women purchased 70 percent of all men’s clothing; today, women buy just 34 percent of men’s apparel. What implications does this have for modern store layouts? What risks does going global offer a small business owner? What are the benefits and challenges of establishing international locations? What behaviors do effective leaders exhibit? Briefly describe the options a small business owner wanting to pass the family business on to the next generation can take to minimize the impact of estate taxes.
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