Which of the Following Is an Advantage of Locating in a Central

question 30

Multiple Choice

Which of the following is an advantage of locating in a central business district?

• A)Low rent
• B)Easy and abundant parking
• C)The ability to attract customers from the entire trading area
• D)Moderate to low levels of competition

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Definitions:

Performance

The act of carrying out or accomplishing tasks, goals, or objectives, often measured against known standards or objectives.

Salespersons

Individuals employed to sell products or services to customers, often working on commission and responsible for meeting sales targets.

Variable Costing

An accounting method that only includes variable production costs (materials, labor, and overhead) in the cost of goods sold and inventory valuation.

Manufacturing Firms

Companies that use labor, equipment, and raw materials to produce finished goods.