Which of the Following Does NOT Describe the Appropriate Use

question 40

Multiple Choice

Which of the following does NOT describe the appropriate use of different approaches for site selection?

• A)Large retailers often use the Huff Gravity Model to estimate potential sales for a store site before site selection
• B)Regression analysis can consider the effects of wide range of factors affecting sales in stores
• C)The regression analysis is appropriate for small chains to find the best location
• D)Using the analog approach,the retailer describes the site and trade area characteristics for its most successful stores and attempts to find a site with similar characteristics
• E)The analog approach is not recommended for large chain stores like Walmart

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Definitions:

Congruence

The degree to which two or more aspects are in agreement, alignment, or harmony.

Incongruence

The state of being out of harmony or not matching up, often leading to misunderstanding or conflict.

Transmission Channels

The means or pathways through which information, signals, or data are disseminated from one point to another.

Encodes

Refers to the process of converting information into a particular form, especially to hide or secure its content.