Traffic counts and purchasing power analysis of drawing area are techniques associated with
A) locational break-even analysis
B) a manufacturing location decision
C) a retail or professional service location decision
D) the factor rating method
E) the transportation method

Question

Quizplus · Accepted Answer

Traffic counts and purchasing power analysis are commonly used in the retail or professional service location decision-making process. Understanding the volume of potential customers (traffic counts) and their ability to purchase goods or services (purchasing power analysis) can help determine the feasibility and potential success of a retail or service location. Locational break-even analysis, manufacturing location decisions, factor rating method, and transportation method are not directly associated with these techniques.

Traffic Counts and Purchasing Power Analysis of Drawing Area Are