WorksheetsHow to Choose the Perfect Location for Your Retail Business
Total questions: 10
Worksheet time: 5mins
The recipient of a good, service, product, or an idea - obtained from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valuable consideration.
Customer
Consumer
Seller
Owner
The quality of being able to be reached or entered.
Marketability
Ability
Accessibility
Flexibility
The set of fundamental facilities and systems that support the sustainable functionality of households and firms.
Store
Building
Structure
Infrastructure
The process of determining the viability of a new service or product through research conducted directly with potential customers.
Action Research
Market Research
School Research
Qualitative Research
The whole societies or groups defined by criteria such as education, nationality, religion, and ethnicity.
Demographic
Photographic
Topographic
Mechanic
The rivalry between companies selling similar products and services with the goal of achieving revenue, profit, and market share growth.
Battle
Contest
Competitors
Competition
The term is used in business to describe the number of customers that enter a store, mall, or location.
Foot Brake
Foot Traffic
Road Traffic
Air Traffic
"Location can make or break a store".
True
False
When establishing a business it is not important to look for the potential customer.
False
True
In starting a business location is not vital
True
False
