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A(n)trade Area Is a Site Where a Sufficient Number of Stores

question 94

Multiple Choice

A(n) trade area is a site where a sufficient number of stores already exist so that high customer traffic is present and the retailer believes it can compete successfully by going head- to- head with the competition.


Definitions:

Dualistic Thinking

A cognitive tendency to see situations and issues in black and white, categorizing concepts as either/or without acknowledging complexities.

Relativistic

Pertaining to the concept that points of view have no absolute truth or validity, having only relative, subjective value according to differences in perception and consideration.

Pragmatic Thought

A mode of thinking concerned with practical matters and the application of ideas and theories to solve problems or achieve goals.

Reflective

Thoughtful consideration of one's experiences and actions.

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