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Locate and setup your business

Authored by Mr Gourley

Business

10th - 12th Grade

Used 4+ times

Locate and setup your business
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18 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Before deciding on a retail location, is is important to consider if the town will accept a new retail business.

True
False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is likely to be the main factor influencing the location of a small barber shop? Proximity to:

Customers

Labor

Raw materials

Competitors

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Online businesses locate in less expensive and more remote locations because:

They need to be close to the competition

They do not need to be close to the market

They need to be close to raw materials

Costs do not matter in online business

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What would not affect a businesses decision on location?

Proximity to labour

Proximity to customers

Internet access

Proximity to the government

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Mall houses

only one store

one brand store

multiple stores of different brands

one store with multiple brands

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is not a characteristic of a Stand Alone Store

can be located just outside of shopping centers

depend on drive- by traffic

plenty of parking, good signs and effective lighting

typically anchored by three or more large department stores

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a characteristic of regional shopping centers?

shopping area housing more than 100 stores

majority of the stores sell apparel

anchored by one or more large department store

shopping area usually having 40 to 100 stores

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