Entre Chapter 8

In choosing location you should be able to identify your trade area on a map.

• true

• false

areas that suffer from lack of employment opportunities

• enterprise zones

• trade area

• industrial park

a contract stating that the tenant pays rent each month for the space occupied and the landlord covers all property expenses for that space

• gross lease

• net lease

• percentage lease

a contract stating that the landlord pays building insurance and the tenant pays rent, taxes, and any other expenses

• net lease

• percentage lease

• gross lease

Community shopping centers are small centers that serve specific neighborhoods.

• false

• true

Stand-alone stores must have a lot of parking because they often depend on drive-by traffic.

• true

• false

Warehouses are generally one of the most expensive rental facilities for a retail business.

• true

• false

For a restaurant or barber shop, location is less important than for a retail business

• true

• false

Industrial parks are usually located away from housing developments and downtown areas.

• true

• false

Your trade area is the area where all your competitors are located.

• true

• false