Which of the Following Is Typically the Step After Conducting

question 80

Multiple Choice

Which of the following is typically the step after conducting a competitive analysis during site selection?

• A) Define present trade area.
• B) Analyze trade area characteristics.
• C) Conduct a situational analysis.
• D) Match characteristics of present trade area with potential sites.

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Definitions:

Total Income

The sum of all revenues and gains that a person or business receives over a period of time, before any expenses are subtracted.

Average Rate of Return

A metric that determines the earnings from an investment by dividing the mean yearly profit by the cost of the initial investment.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal annual amounts.

Average Rate of Return

A metric used to assess the profitability of an investment, calculated by dividing the average annual profit by the initial investment cost.