Since convenience of location is important in store choice,a store's proximity to other retailers is a critical factor in identifying:
A)competition.
B)ethical standards.
C)real estate negotiations.
D)the target market.
E)which merchandise to scramble.

Question

Quizplus · Accepted Answer

A store's proximity to other retailers is a critical factor in identifying competition. Being close to other retailers in the same market segment can create direct competition and impact a store's ability to attract customers. Knowing the level of competition is essential to establishing a store's pricing, marketing strategy, and product selection.

Since Convenience of Location Is Important in Store Choice,a Store's