Mention the steps undertaken using the analog approach.

What will be an ideal response?


Using the analog approach the following steps needs to be undertaken:
1. Conduct a competitive analysis.
2. Define present trade area.
3. Analyze trade area characteristics.
4. Match characteristics of present trade area with potential sites.

Business

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Which of the following accounts most likely would be found on both a trial balance and an adjusted trial balance?

a. Utilities Expense b. Insurance Expense c. Supplies Expense d. Depreciation Expense–Equipment

Business

Some business customers purchase specialized services that are essential to the operation of an organization but not part of the production of a product

Indicate whether the statement is true or false

Business

All of the following are advantages of using a distribution center except

A. more accurate sales forecasts are possible. B. it is easier to avoid running out of stock or having too much stock. C. retailers need to keep less merchandise in the store as inventory if the stores get frequent deliveries. D. customers know they are dealing with a more sophisticated and financially well-off operation if the firm uses a distribution center. E. use of a distribution center saves money since the storage space at a distribution center is generally less expensive than that of a store.

Business

Once a foreign firm creates a subsidiary abroad under its control, it risks waiving its protection under bilateral investment treaties

Indicate whether the statement is true or false

Business