Question 1

The choice of the location for a Tiffany & Company should be determined by the compatibility with the community it will serve.

Accepted Answer

A) True 
 B)False

Question 2

When examining a state's available labor force, the potential business owner needs to know ________.

Accepted Answer

A) the state's labor relations history 
B) the demographics of the target customers 
C) both the number and education of the available workforce 
D) the proximity to its customers 
A) the state's labor relations history 
B) the demographics of the target customers 
C) both the number and education of the available workforce 
D) the proximity to its customers

Question 3

When choosing a state in which to locate, one must evaluate which of the following?

Accepted Answer

A) The general business climate 
B) The state's business laws, regulations, and taxes 
C) Tax incentives and/or investment credits 
D) All of the above 
A) The general business climate 
B) The state's business laws, regulations, and taxes 
C) Tax incentives and/or investment credits 
D) All of the above

Question 4

Few decisions are as important for retailers as the choice of a location.

Accepted Answer

A) True 
 B)False

Question 5

A variance is a special exemption to a zoning ordinance.

Accepted Answer

A) True 
 B)False

Question 6

Factors such as ________ should be sought out in the selection of retail and service business locations.

Accepted Answer

A) the lowest possible rent/lease options, transportation network, adequate parking, physical and psychological barriers 
B) modest customer traffic, transportation network, lack of parking, physical and psychological barriers 
C) customer traffic, transportation network, adequate parking, physical and psychological barriers 
D) customer traffic, isolation from other stores, adequate parking, physical and psychological barriers 
A) the lowest possible rent/lease options, transportation network, adequate parking, physical and psychological barriers 
B) modest customer traffic, transportation network, lack of parking, physical and psychological barriers 
C) customer traffic, transportation network, adequate parking, physical and psychological barriers 
D) customer traffic, isolation from other stores, adequate parking, physical and psychological barriers

Question 7

When the cost of transporting a product is high relative to its value, locating close to the market a manufacturer plans to serve is critical.

Accepted Answer

A) True 
 B)False

Question 8

Zoning is a system for mixing types of business and industrial activities to make maximum efficient use of the area.

Accepted Answer

A) True 
 B)False

Question 9

Generally, the larger a retail store and the greater its selection, the broader its trade area size.

Accepted Answer

A) True 
 B)False

Question 10

Many central business districts suffer from intense competition, high rental rates, traffic congestion, and inadequate parking facilities.

Accepted Answer

A) True 
 B)False

Question 11

TIGER ________.

Accepted Answer

A) is a software package combining the ability to draw detailed maps with the power to search through databases 
B) breaks down the population, retail sales, etc., by census region 
C) contains the names of every street in the country and detailed block statistics for 345 urban areas 
D) All of the above 
A) is a software package combining the ability to draw detailed maps with the power to search through databases 
B) breaks down the population, retail sales, etc., by census region 
C) contains the names of every street in the country and detailed block statistics for 345 urban areas 
D) All of the above

Question 12

What publications could Fred use to investigate whether or not this is a good region for this bar?

Accepted Answer

This case study offers students a chance

Question 13

A community center is an upscale shopping experience with specialty stores, dining and entertainment in an outdoor setting.

Accepted Answer

A) True 
 B)False

Question 14

________ is a system that divides a county or city into small cells or districts to control the use of land, buildings, and sites.

Accepted Answer

A) An enterprise zone 
B) Zoning 
C) Apportioning 
D) Redistricting 
A) An enterprise zone 
B) Zoning 
C) Apportioning 
D) Redistricting

The choice of the location for a Tiffany & Company should be determined by the compatibility with the community it will serve.

When examining a state's available labor force, the potential business owner needs to know ________.

When choosing a state in which to locate, one must evaluate which of the following?

Few decisions are as important for retailers as the choice of a location.

A variance is a special exemption to a zoning ordinance.

Factors such as ________ should be sought out in the selection of retail and service business locations.

When the cost of transporting a product is high relative to its value, locating close to the market a manufacturer plans to serve is critical.

Zoning is a system for mixing types of business and industrial activities to make maximum efficient use of the area.

Generally, the larger a retail store and the greater its selection, the broader its trade area size.

Many central business districts suffer from intense competition, high rental rates, traffic congestion, and inadequate parking facilities.

TIGER ________.

What publications could Fred use to investigate whether or not this is a good region for this bar?

A community center is an upscale shopping experience with specialty stores, dining and entertainment in an outdoor setting.

________ is a system that divides a county or city into small cells or districts to control the use of land, buildings, and sites.

The Foundations of Entrepreneurship

Ethics and Social Responsibility: Doing the Right Thing

Creativity and Innovation: Keys to Entrepreneurial Success

Conducting a Feasibility Analysis and Designing a Business Model

Crafting a Business Plan and Building a Solid Strategic Plan

Forms of Business Ownership

Buying an Existing Business

Franchising and the Entrepreneur

Building a Powerful Bootstrap Marketing Plan

E-Commerce and the Entrepreneur

Pricing and Credit Strategies

Creating a Successful Financial Plan

Managing Cash Flow

Sources of Financing: Equity and Debt

Global Aspects of Entrepreneurship

Building a New Venture Team and Planning for the Next Generation

Filters

Exam 14: Choosing the Right Location and Layout

The choice of the location for a Tiffany & Company should be determined by the compatibility with the community it will serve.

When examining a state's available labor force, the potential business owner needs to know ________.

When choosing a state in which to locate, one must evaluate which of the following?

Few decisions are as important for retailers as the choice of a location.

A variance is a special exemption to a zoning ordinance.

Factors such as ________ should be sought out in the selection of retail and service business locations.

When the cost of transporting a product is high relative to its value, locating close to the market a manufacturer plans to serve is critical.

Zoning is a system for mixing types of business and industrial activities to make maximum efficient use of the area.

Generally, the larger a retail store and the greater its selection, the broader its trade area size.

Many central business districts suffer from intense competition, high rental rates, traffic congestion, and inadequate parking facilities.

TIGER ________.

What publications could Fred use to investigate whether or not this is a good region for this bar?

A community center is an upscale shopping experience with specialty stores, dining and entertainment in an outdoor setting.

________ is a system that divides a county or city into small cells or districts to control the use of land, buildings, and sites.

The Foundations of Entrepreneurship

Ethics and Social Responsibility: Doing the Right Thing

Creativity and Innovation: Keys to Entrepreneurial Success

Conducting a Feasibility Analysis and Designing a Business Model

Crafting a Business Plan and Building a Solid Strategic Plan

Forms of Business Ownership

Buying an Existing Business

Franchising and the Entrepreneur

Building a Powerful Bootstrap Marketing Plan

E-Commerce and the Entrepreneur

Pricing and Credit Strategies

Creating a Successful Financial Plan

Managing Cash Flow

Sources of Financing: Equity and Debt

Global Aspects of Entrepreneurship

Building a New Venture Team and Planning for the Next Generation

Filters