The grouped location approach is based on the principle of ________, which states that a cluster of similar and complementary retailing activities will generally have greater drawing power than isolated stores that engage in the same retailing activities.
A. analog approach
B. multiple risk
C. diminishing adjacent
D. consumer spotting
E. cumulative attraction
Answer: E
You might also like to view...
____________ means educating, instructing, and training subordinates. ______________ means advising, counseling, and guiding them.
Fill in the blank(s) with the appropriate word(s)
50 Percent of your potential customers would be willing to buy your product for $16 each, but the other 50 percent would be willing to pay no more than $10. Unfortunately, you cannot tell your customers apart. Your marginal cost per unit is $4. If you set the selling price of each unit at $16, the expected profit per unit is:
a. $15 b. $10 c. $6 d. $25
The most severe measure of a retailer's liquidity is the _____
a. quick ratio b. collection period c. current ratio d. assets to net sales ratio
Cloud computing provides employee access to applications and information from smartphones and tablets.
Answer the following statement true (T) or false (F)