Part of a "Self-Audit" When Buying a Business Is to Ask

question 62

True/False

Part of a "self-audit" when buying a business is to ask yourself,"what do I expect to get out of the business" and "how much can I put into the business?"

Comprehend the impact of location and layout in the context of retail strategy.

Understand the concept of sales per square foot as a measure of retail efficiency.

Gain insight into the evolution of retail formats and strategies over time.

Understand the concept and functions of multichannel retailing.