When Retailers Decide on Location,they Have Two Basic Site Options,which

question 118

Essay

When retailers decide on location,they have two basic site options,which are the freestanding store and the shopping center.Briefly describe these location alternatives.Cite one advantage and one disadvantage of each location alternative..

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Definitions:

Liquidity

How effortlessly an asset can be turned into cash without altering its market price.

J. M. Keynes

An influential British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.

Lockbox System

A service offered by banks to companies for receiving payments from customers; the bank collects and processes these payments directly to speed up the deposit process.

Firm Implementation

The process of putting a business strategy or plan into action to achieve its goals and objectives.