A Retailer Can Protect Itself from a Potentially Poor Location

question 24

Multiple Choice

A retailer can protect itself from a potentially poor location and most effectively ensure itself of long tenancy through what type of lease/ownership arrangement?

• A)a short-term lease (5 years)with three renewal option periods of 7 years each
• B)a long lease of 21 years
• C)ownership of the retail property
• D)a sale-leaseback for 10 years

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Definitions:

Stereotype Threat

The risk of confirming negative stereotypes about one's group, which can impair performance in a variety of settings.

Self-handicapping

A cognitive strategy by which individuals avoid effort in the hopes of keeping potential failure from hurting self-esteem.

Lifelong Monogamy

The practice or state of having a sexual relationship with only one partner throughout one's lifetime.

Human Behavior

Encompasses the range of actions and mannerisms exhibited by humans in conjunction with their environment, social structures, and culture.