_____ Businesses Have Diverse Operations and Three Critical Site Selection

question 42

Multiple Choice

_____ businesses have diverse operations and three critical site selection considerations: traffic,customer ease,and competition.

• A) Home-based
• B) Low customer contact
• C) E-tailer
• D) High customer contact

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Definitions:

Flight Capacity

The maximum number of passengers or the amount of cargo that an airline can transport in a given period.

Collude

Cooperative behavior between firms in a market to set prices or output levels artificially high, typically in a way that is not in the best interests of consumers.

Maximize Profits

The process of increasing the difference between total revenue and total costs to reach the highest possible financial gain.

Identical Costs

Costs that are the same in value or magnitude for different firms or production processes.