Question: QUESTION 6 The first step in choosing a store location is to A . select the general isolated business district or planned shopping - center

QUESTION 6
The first step in choosing a store location is to
A. select the general isolated business district or planned shopping-center location.
B. analyze alternate sites contained in the specified retail location type.
C. evaluate alternate geographic (trading areas) in terms of the characteristics of residents and existing retailers.
D. determine whether to locate as an isolated store, in an unplanned business district, or in a planned shopping center.
QUESTION 7
In shopping mall leases, the tenant is often required to pay the landlord a portion of monthly sales. This is known as what type of lease?
A. Percentage lease
B. Yearly lease
C. Fixed rate lease
D. Long-term lease
QUESTION 8
A trading area can best be defined as
A. stores that are located in the same shopping center or district.
B. a geographic area containing customers of a particular firm or group of firms for specific goods and/or services.
C. those competitive stores that interchange customers
D. A designation of a retail area by the U.D. census Bureau.
QUESTION 6 The first step in choosing a store location is

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