A Department Store Uses a Regression Computer Site-Selection Model

question 22

Multiple Choice

A department store uses a regression computer site-selection model.This model contains data on the following variables: _____.

• A)distance to store and store size
• B)disposable income,retail sales,and population
• C)traffic barriers,store size,and traffic counts
• D)trading-area population and expected market share

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Definitions:

Functional Structure

An organizational format that groups employees by their similar specialties, roles, or tasks.

Similar Customers

Consumers who share common characteristics, needs, or purchase behaviors.

Stable Environments

Conditions in which the external business context remains relatively unchanged, allowing for predictable operational planning.

Functional Structures

An organizational design that groups employees according to their specialized roles or functions within the company, aiming for efficiency and expertise.