A small, open-air mall with upscale stores, convenient locations, and nonretail activities, such as a playground, skating rink, hotel, dining establishments, and a movie theater, is an example of a(n) ________.
A) regional shopping center
B) lifestyle center
C) community shopping center
D) franchise
E) power center

Question

Quizplus · Accepted Answer

A small, open-air mall with upscale stores, nonretail activities, and convenient locations describes a lifestyle center. A regional shopping center is typically larger and has a wider variety of stores, while a community shopping center is smaller and serves a specific local community. A franchise is a type of business model, and a power center typically has a focus on large, anchor stores.

A Small, Open-Air Mall with Upscale Stores, Convenient Locations, and Nonretail