To Successfully Position a Store,it

question 111

Multiple Choice

To successfully position a store,it:

• A)must be in an MSA with at least one other competitor in the same industry.
• B)must have an identity that has some advantage over the competitors that is recognized by consumers.
• C)should be located in either a strip location or in a regional shopping mall.
• D)must be in an area where the average per capita income meets or exceeds the national average.

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Definitions:

Feedback

Information provided as a response to an action or behavior, intended to guide future actions.

Tensions

The state of being stretched tight, often referring to mental or emotional strain resulting from challenging situations.

Obliging

Willingness to do a service or kindness; readily performing favors or good deeds.

Concern

A matter of interest or importance to someone.