Which of the Following Statements Is Not True in Considering

question 24

Multiple Choice

Which of the following statements is not true in considering and evaluating store locations?

• A) The best areas for locating stores are those that generate the highest return on investment in the short-term.
• B) It is important to examine an area's level and growth of population and employment and how long such growth will continue and how it will affect demand for merchandise sold in its stores.
• C) It is important to have the strategic fit of the areas' population with the retailer's target market.
• D) It is important to consider local and state legal and regulatory environments affecting operating costs.

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Definitions:

E-commerce

The buying and selling of goods and services over the internet, encompassing a variety of transactions, including online retail and electronic payments.

Business Purposes

The underlying reasons for which a company or an individual engages in business activities, typically to earn profits and achieve growth.

Transactions

Financial activities or dealings between parties, such as buying, selling, or the exchange of assets, that affect the financial statements of a business.

B2C

Business-to-Consumer, a sales model where businesses sell products or services directly to individual consumers.