The final step in site selection is:
A) assessing the neighboring stores.
B) obtaining financing.
C) construction of a pro forma return on asset model for each possible site.
D) conducting an analysis of demand density.
E) conducting an analysis of supply density.

Question

Quizplus · Accepted Answer

Conducting a pro forma return on asset model for each possible site is the final step in site selection. This helps to determine the potential profitability of each site and aids in making an informed decision about where to establish a new store. While assessing neighboring stores, obtaining financing, and analyzing demand and supply density are all important factors in site selection, they are typically done earlier in the process.

The Final Step in Site Selection Is