Why Is the Selection of a Retail Location So Critical

question 172

Multiple Choice

Why is the selection of a retail location so critical to a store's success?

• A)Location affects pricing decisions but does not affect store image.
• B)Customers will not drive out of their way to find a store.
• C)A location decision ties up funds that will not appreciate or gain in value.
• D)A location decision typically requires large,semipermanent commitment of resources.
• E)Employee density is affected by the area in which the store is located.

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Definitions:

Proposition

An articulation offering an evaluation or belief, capable of being correct or incorrect.

Quality

The standard of something as measured against other things of a similar kind; the degree of excellence of something.

Quantity

The amount or number of a material or immaterial thing not usually estimated by spatial measurement.

Quality

The quality of an item when compared to other similar items; how excellent something is.