Question: 1 . Sandra is considering different locations for her retail store, and one of the options is a site along the highway. As part of

1. Sandra is considering different locations for her retail store, and one of the options is a site along the highway. As part of her analysis, she has examined both the internal and external factors that may impact her decision. Which factor listed below may NOT pose a significant challenge for Sandra?A) No CompetitorsB) Stores often require construction instead of rentalC) Restrictions from other retailers or zoning lawsD) Lack of continuous foot traffic.
2. The New Mall is a shopping center which plans to ensure a balanced tendency by which stores complement each other in terms of quality and variety, while catering for the publics need. The management needs to ensure which of the following?A) Limiting product lines stores can sellB) Control which firm can take over leasesC) Specify how much space each type of retailer can useD) All of the above
3. A group of suburban friends recently visited the central business district in the city and had both positive and negative experiences. Which of the following does NOT belong to one of the potential positive aspects they could have experienced?A) Diverse range of pricesB) Wide selection of customer service C) Convenient travel time D) Availability of public transportation
4. Retailers operating in a Mall faces various limitations that impact their business operations. Which of the following may limit the retailer's ability to draw a variance from other stores and attract customers?A) Landlords' regulations limiting flexibilityB) The cost of operating a store can be highC) Restrictions on goods/services that can be soldD) All of the above are limitations retailers face5
. In choosing a general location to open a new store Rena's Jewelry must decide on a location within a broadly defined site. Which of the following are the two decisions retailers are required to take when selecting a broadly defined site?A) Accepting location for convenient parking and affordable rentB) Selecting the type of store format, and selecting a wide store placementC) Take into account landlords' regulations and operation costsD) Examine alternative locations and consumer preferences
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Ms. Nicole is going to start a small bakery with an emphasis on handmade sourdough bread and she needs to choose a location for her bakery. The neighborhood has a moderate population density, although there are no other bakeries in the vicinity. Which kind of site would be MOST appropriate? A) Isolated StoreB) Unplanned business districtC) Planned Shopping centerD) Central business district
7. Rakeshs Jewelry wants to be close to other upscale stores because of the similarities in supplies. When considering a location, what should come first?A) Easy access by public transportationB) Affordable rentC) Co-tenants in the shopping center
8. Survival is opening a new convenience store in the city and predicts high sales volume. What factor should be considered when choosing a location?A) Not enough parking spaceB) Pedestrian traffic flowC) Rent charged
9. John is opening a bookstore in a college town and he wants to ensure a steady stream of customers. What should he consider when choosing a location?A) Ample parking for large vehiclesB) Location near a highwayC) Proximity to the college campus
10. Rena owns a clothing store but she is struggling to keep up with the high rent costs of her current location due to the decline in sales. What type of location would be ideal for Rena to relocate?A) Planned Shopping CenterB) Isolated StoreC) Central Business District

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