Question 1

The most crucial locational attribute is generally ________.

Accepted Answer

A)  corner influence 
B)  transportation facilities 
C)  parking facilities 
D)  pedestrian traffic 
A)  corner influence 
B)  transportation facilities 
C)  parking facilities 
D)  pedestrian traffic

Question 2

a."Often,the retailers that are attracted to an isolated location are those that are least suitable for this location form." Explain this statement.
b.What trade-offs should a retailer evaluate in considering an isolated store location? Explain.

Accepted Answer

a. The statement "Often, the retailers t

Question 3

A retailer has the greatest control over property maintenance in which rental form?

Accepted Answer

A)  net lease 
B)  straight lease 
C)  graduated lease 
D)  maintenance-increase-recoupment lease 
A)  net lease 
B)  straight lease 
C)  graduated lease 
D)  maintenance-increase-recoupment lease

Question 4

A neighborhood business district generally is comprised of a minimum of ________.

Accepted Answer

A)  several service stores (such as a dry cleaner and restaurant) 
B)  one department store and a group of specialty and convenience stores 
C)  a grouping of stores with similar merchandise lines 
D)  a junior department store, variety store, and several service shops 
A)  several service stores (such as a dry cleaner and restaurant) 
B)  one department store and a group of specialty and convenience stores 
C)  a grouping of stores with similar merchandise lines 
D)  a junior department store, variety store, and several service shops

Question 5

Which form of lease/ownership arrangement has the greatest flexibility from the perspective of the retailer?

Accepted Answer

A)  a 15-year lease 
B)  purchase of the property with 10 percent down; a mortgage loan is taken out for the balance 
C)  a sale-leaseback for 15 years 
D)  a short-term lease (5 years) with two renewal option periods of 5 years each 
A)  a 15-year lease 
B)  purchase of the property with 10 percent down; a mortgage loan is taken out for the balance 
C)  a sale-leaseback for 15 years 
D)  a short-term lease (5 years) with two renewal option periods of 5 years each

Question 6

Ownership of retail facilities is most common in what location type?

Accepted Answer

A)  community shopping center 
B)  neighborhood shopping center 
C)  string 
D)  regional shopping center 
A)  community shopping center 
B)  neighborhood shopping center 
C)  string 
D)  regional shopping center

Question 7

A megamall is a form of a ________.

Accepted Answer

A)  central business district 
B)  string 
C)  community shopping center 
D)  regional shopping center 
A)  central business district 
B)  string 
C)  community shopping center 
D)  regional shopping center

Question 8

A one-hundred percent location for a bakery could be next to a supermarket in a neighborhood shopping center.

Accepted Answer

A) True 
 B)False

Question 9

A power center is a form of ________.

Accepted Answer

A)  string 
B)  megamall 
C)  regional shopping center 
D)  community shopping center 
A)  string 
B)  megamall 
C)  regional shopping center 
D)  community shopping center

Question 10

What statement about the isolated store is correct?

Accepted Answer

A)  Isolated stores typically have high rents. 
B)  Isolated stores have high trading-area overlap with adjacent shopping centers. 
C)  Isolated stores have no affinities. 
D)  Isolated stores are parasite stores. 
A)  Isolated stores typically have high rents. 
B)  Isolated stores have high trading-area overlap with adjacent shopping centers. 
C)  Isolated stores have no affinities. 
D)  Isolated stores are parasite stores.

Question 11

Under what conditions should a retailer consider ownership instead of leasing? ...leasing instead of ownership? ...a sale-leaseback?

Accepted Answer

A retailer should consider various facto

Question 12

In both maintenance-increase-recoupment and net lease arrangements,a retailer's rental payments reflect actual increases in operating costs.

Accepted Answer

A) True 
 B)False

The most crucial locational attribute is generally ________.

a."Often,the retailers that are attracted to an isolated location are those that are least suitable for this location form." Explain this statement. b.What trade-offs should a retailer evaluate in considering an isolated store location? Explain.

A retailer has the greatest control over property maintenance in which rental form?

A neighborhood business district generally is comprised of a minimum of ________.

Which form of lease/ownership arrangement has the greatest flexibility from the perspective of the retailer?

Ownership of retail facilities is most common in what location type?

A megamall is a form of a ________.

A one-hundred percent location for a bakery could be next to a supermarket in a neighborhood shopping center.

A power center is a form of ________.

What statement about the isolated store is correct?

Under what conditions should a retailer consider ownership instead of leasing? ...leasing instead of ownership? ...a sale-leaseback?

In both maintenance-increase-recoupment and net lease arrangements,a retailer's rental payments reflect actual increases in operating costs.

An Introduction to Retailing

Building and Sustaining Relationships in Retailing

Strategic Planning in Retailing

Retail Institutions by Ownership

Retail Institutions by Store-Based Strategy Mix

Web, nonstore-Based, and Other Forms of Nontraditional Retailing

Identifying and Understanding Consumers

Information Gathering and Processing in Retailing

Trading-Area Analysis

Retail Organization and Human Resource Management

Operations Management: Financial Dimensions

Operations Management: Operational Dimensions

Developing Merchandise Plans

Implementing Merchandise Plans

Financial Merchandise Management

Pricing in Retailing

Establishing and Maintaining a Retail Image

Promotional Strategy

Integrating and Controlling the Retail Strategy

Filters

Exam 10: Site Selection

The most crucial locational attribute is generally ________.

a."Often,the retailers that are attracted to an isolated location are those that are least suitable for this location form." Explain this statement. b.What trade-offs should a retailer evaluate in considering an isolated store location? Explain.

A retailer has the greatest control over property maintenance in which rental form?

A neighborhood business district generally is comprised of a minimum of ________.

Which form of lease/ownership arrangement has the greatest flexibility from the perspective of the retailer?

Ownership of retail facilities is most common in what location type?

A megamall is a form of a ________.

A one-hundred percent location for a bakery could be next to a supermarket in a neighborhood shopping center.

A power center is a form of ________.

What statement about the isolated store is correct?

Under what conditions should a retailer consider ownership instead of leasing? ...leasing instead of ownership? ...a sale-leaseback?

In both maintenance-increase-recoupment and net lease arrangements,a retailer's rental payments reflect actual increases in operating costs.

An Introduction to Retailing

Building and Sustaining Relationships in Retailing

Strategic Planning in Retailing

Retail Institutions by Ownership

Retail Institutions by Store-Based Strategy Mix

Web, nonstore-Based, and Other Forms of Nontraditional Retailing

Identifying and Understanding Consumers

Information Gathering and Processing in Retailing

Trading-Area Analysis

Retail Organization and Human Resource Management

Operations Management: Financial Dimensions

Operations Management: Operational Dimensions

Developing Merchandise Plans

Implementing Merchandise Plans

Financial Merchandise Management

Pricing in Retailing

Establishing and Maintaining a Retail Image

Promotional Strategy

Integrating and Controlling the Retail Strategy

Filters