When Opening a New Retail Operation,the Retailer Needs to Consider

question 98

Multiple Choice

When opening a new retail operation,the retailer needs to consider all of the following factors EXCEPT:

• A)traffic flow.
• B)employee density.
• C)nature of the competition.
• D)land costs.
• E)economic growth potential.

---

Definitions:

Customer Cost Analysis

The process of analyzing the costs associated with acquiring, serving, and retaining customers to determine profitability.

Order Fulfillment Department

The division of a company responsible for processing and delivering orders to customers.

Unused Capacity

The portion of a company's production capability that is not being utilized at a given time.

Capacity Analysis

Capacity analysis is the assessment of the maximum output level that an organization can sustainably achieve within a given period.