An Automated Retail Shop or Vending Machine at the Airport

question 25

Multiple Choice

An automated retail shop or vending machine at the airport selling personal electronics does not create its own traffic,but rather depends on the foot traffic generated by travelers passing by.This vending machine would be considered a _______.

• A)Detour store
• B)Parasite store
• C)Freeloading retailer
• D)Dependent kiosk or cart
• E)Traffic-dependent store

Recognize the different targets for planned organizational change.

Distinguish between planned and unplanned change.

Identify the implications of bottom-up change within an organization.

Understand the conditions that make technological change advantageous.

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Definitions:

Demand Curve

A graphical representation that shows the relationship between the price of a good and the quantity demanded by consumers.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.

Decrease

A reduction in size, quantity, or degree of something.

Substitutes

Goods or services that can be used in place of one another, where an increase in the price of one leads to an increase in demand for the other.