Question: True & False Questions 1 . In site selection, a retailer must choose a locational format based on their target market and accessibility of their
True & False QuestionsIn site selection, a retailer must choose a locational format based on their target market and accessibility of their business.A TrueB False A fitness center selects a site in a suburban area with a high income but low population density. The fitness center is likely to be more successful in the area since people may be willing to pay a higher fee for the services, however, it may be difficult to attract a large number of customers.A TrueB False Alex, the owner of a grocery store selects a store location in a densely populated area, however, he did not consider the availability of parking areas in the vicinity. This oversight will not cause inconvenience to customers and negatively impact the business.A TrueB False A retail chain decides to open a new store and selects a location based on the availability of cheap rent. This decision to focus on rent may not have shortterm cost benefits, but it could result in longterm success and the store's profitability.a Trueb. False A convenience store chain has been able to establish a strong presence by choosing locations in unplanned business districts of smaller cities and providing convenient access to essential goods and services for residents. This strategy allowed the chain to drive growth and profitability.A TrueB False
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