In Terms of Trade Areas, the Owner of Bubba's Bar

question 75

Multiple Choice

In terms of trade areas, the owner of Bubba's Bar and Grille defines his ________ as the geographic area in which 70 percent of his customers live.

• A) primary trading area
• B) fundamental market
• C) geographic market
• D) secondary trading area
• E) tertiary trading area

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Definitions:

Dispositional Traits

Fundamental personality characteristics that are relatively stable over time and across situations, influencing individual behavior.

Cultural Background

The cultural environment in which a person was raised or identifies with, encompassing heritage, tradition, language, and customs.

Influential

Having the power to affect the beliefs, behaviors, or development of others through one's actions or presence.

Experiment

A scientific procedure undertaken to make a discovery, test a hypothesis, or demonstrate a known fact.