Why Do Stores Cluster Together

question 37

Multiple Choice

Why do stores cluster together?

• A) to decrease competition
• B) to ensure an adequate level of traffic
• C) to take advantage of tax breaks
• D) to create retailer cooperatives
• E) to standardize the service mix

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Definitions:

Expense Accounts

Specific categories in accounting used to record and track money spent by a business on operational activities.

Debits

Entries that are made on the left side of an account ledger, representing an increase in assets or decrease in liabilities and equity.

Credits

Entries made on the right side of accounts, representing a decrease in assets or an increase in liabilities and equity.

Customers List

A compilation of information on clients who purchase goods or services from a business, often including contact details and purchase history.