When using the ________, the retailer simply describes the site and trade area characteristics for its most successful stores and attempts to find a site with similar characteristics.

A. location model
B. regression model
C. cumulative attraction model
D. analog model
E. Huff gravity model


Answer: D

Business

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A firm should compete with ________ competitors in order to sharpen its abilities. Succeeding against these competitors often provides greater returns

A) strong B) international C) weak D) distant E) smaller

Business

Greg was interviewed by a team of five people for a management position. What type of hiring/placement interview is this?

A) Panel interview B) Group interview C) Stress interview D) Sequential interview

Business

An automated system for cell phone customers to check their current balance and pay their bill is an example of?

a. Cross-training employees b. Overbooking c. Self-service d. Capacity sharing

Business

During July and August, Crystal Cove Golf Course, located in South Carolina, offers weekday rates of $13 for a round of golf with a cart. During the rest of the year, the weekday rates are between $25 and $35. This is an example of the use of

A. differential pricing. B. incentives. C. competition-based pricing. D. demand-based pricing. E. random discounting.

Business