Entrepreneurship Ch. 8 test review

A section of land that is zoned for industrial business only

• Landlord

• Industrial park

• Vendors

• Quote

• Trade area

Which of the following is the least important consideration when organizing the layout of a retail business?

• lighting

• window displays

• aisle space

• organization of supplies

The geographic area from which a business expects to attract a majority of its customers

• Landlord

• Industrial park

• Vendors

• Quote

• Trade area

Companies that sell products and services to businesses

• Landlord

• Industrial park

• Vendors

• Quote

• Trade area

Which of the following is not considered inventory?

• dolls for a toy store

• component parts of a product

• vacuum cleaners owned by a maid service

• all of these are considered inventory

The person who owns and rents out buildings or space

• Landlord

• Industrial park

• Vendors

• Quote

• Trade area

An estimate of how much she will pay for merchandise or services

• Landlord

• Industrial park

• Vendors

• Quote

• Trade area

Availability of parking would be an important consideration for the location of a coffee shop.

• True

• False

A type of lease in which the landlord pays building insurance and the tenant pays rent property taxes and other expenses

• Gross lease

• Enterprise zones

• E-commerce

• Reorder point

• Net lease

Areas that suffer from lack of employment opportunities

• Gross lease

• Enterprise zones

• E-commerce

• Reorder point

• Net lease