Question 1

Communicating the right image through layout and physical facilities is an important step in attracting customers.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following are disadvantages of locating in a central business district?

Accepted Answer

A)  Intense competition 
B)  High rental rates 
C)  Traffic congestion and inadequate parking facilities 
D)  All of the above 
A)  Intense competition 
B)  High rental rates 
C)  Traffic congestion and inadequate parking facilities 
D)  All of the above

Question 3

Carmen is starting a childcare center. One location closed after a murder on the property and is near a neighborhood where there are many single parents. What city site selection factor might give Carmen problems with her childcare center?

Accepted Answer

A)  Transportation 
B)  Police and fire protection 
C)  The reputation of the location 
D)  Compatibility with the community 
A)  Transportation 
B)  Police and fire protection 
C)  The reputation of the location 
D)  Compatibility with the community

Question 4

Retailers should be careful not to locate near anyone in direct competition with them.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following statements concerning layout is true?

Accepted Answer

A)  A company's physical facilities send important messages to potential customers about its "personality." 
B)  The physical appearance of a building provides customers with their first impressions of a business. 
C)  Communicating the right signals through a business's layout and physical facilities is an important step in creating a competitive edge over rivals. 
D)  All of the above 
A)  A company's physical facilities send important messages to potential customers about its "personality." 
B)  The physical appearance of a building provides customers with their first impressions of a business. 
C)  Communicating the right signals through a business's layout and physical facilities is an important step in creating a competitive edge over rivals. 
D)  All of the above

Question 6

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 7

Prime selling space should be reserved for items that are slow sellers so that customers will notice them.

Accepted Answer

A) True 
 B)False

Question 8

Discuss the various sources of information available to the small business owner for deciding in which region of the country to locate her business.

Accepted Answer

In evaluating a region for site selectio

Question 9

Manufacturing layout decisions take into consideration:

Accepted Answer

A)  customer buying behavior, the types of product sold, and the physical dimensions of the building. 
B)  the status of the building: built, bought, or leased, and the type of product sold. 
C)  the product, the process, the space availability within the facility, ergonomic considerations, and key economic considerations. 
D)  the employees, the customer, and the mechanical process used to produce the product. 
A)  customer buying behavior, the types of product sold, and the physical dimensions of the building. 
B)  the status of the building: built, bought, or leased, and the type of product sold. 
C)  the product, the process, the space availability within the facility, ergonomic considerations, and key economic considerations. 
D)  the employees, the customer, and the mechanical process used to produce the product.

Communicating the right image through layout and physical facilities is an important step in attracting customers.

Which of the following are disadvantages of locating in a central business district?

Carmen is starting a childcare center. One location closed after a murder on the property and is near a neighborhood where there are many single parents. What city site selection factor might give Carmen problems with her childcare center?

Retailers should be careful not to locate near anyone in direct competition with them.

Which of the following statements concerning layout is true?

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

Prime selling space should be reserved for items that are slow sellers so that customers will notice them.

Discuss the various sources of information available to the small business owner for deciding in which region of the country to locate her business.

Manufacturing layout decisions take into consideration:

The Foundations of Entrepreneurship

Inside the Entrepreneurial Mind: From Ideas to Reality

Designing a Competitive Business Model and Building a Solid Strategic Plan

Conducting a Feasibility Analysis and Crafting a Winning Business Plan

Forms of Business Ownership

Franchising and the Entrepreneur

Buying an Existing Business

Building a Powerful Marketing Plan

E-Commerce and the Entrepreneur

Pricing Strategies

Creating a Successful Financial Plan

Managing Cash Flow

Sources of Financing: Debt and Equity

Global Opportunities

Building a Team and Management Succession

Filters

Exam 14: Choosing the Right Location and Layout

Communicating the right image through layout and physical facilities is an important step in attracting customers.

Which of the following are disadvantages of locating in a central business district?

Carmen is starting a childcare center. One location closed after a murder on the property and is near a neighborhood where there are many single parents. What city site selection factor might give Carmen problems with her childcare center?

Retailers should be careful not to locate near anyone in direct competition with them.

Which of the following statements concerning layout is true?

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

Prime selling space should be reserved for items that are slow sellers so that customers will notice them.

Discuss the various sources of information available to the small business owner for deciding in which region of the country to locate her business.

Manufacturing layout decisions take into consideration:

The Foundations of Entrepreneurship

Inside the Entrepreneurial Mind: From Ideas to Reality

Designing a Competitive Business Model and Building a Solid Strategic Plan

Conducting a Feasibility Analysis and Crafting a Winning Business Plan

Forms of Business Ownership

Franchising and the Entrepreneur

Buying an Existing Business

Building a Powerful Marketing Plan

E-Commerce and the Entrepreneur

Pricing Strategies

Creating a Successful Financial Plan

Managing Cash Flow

Sources of Financing: Debt and Equity

Global Opportunities

Building a Team and Management Succession

Filters