Which of the Following Is a Factor Used in Deciding

question 105

Multiple Choice

Which of the following is a factor used in deciding store location?

• A)The level of existing traffic (pedestrian and/ or vehicular) passing the site and parking provision
• B)The presence of competition, planning restrictions
• C)The opportunity to form new retailing centres with other outlets
• D)All of the above are considered when deciding store location

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Definitions:

Depreciates

The process through which the value of an asset decreases over time, typically due to wear and tear or obsolescence.

Payback Period

The amount of time it takes for an investment to generate cash flows sufficient to recover its initial cost.

Salvage Value

The projected amount an asset is expected to generate when it is sold after its period of utility has ended.

Operating Costs

Expenses related to the day-to-day operations of a business, including rent, utilities, and salaries.