QUESTION 1
Explain how the concepts of demand density, supply density and site availability can be used by a retailer to optimize site selection?
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20 points
QUESTION 2
Explain the components of the income statement and the interrelationships between the income statement, balance sheet and statement of cash flows?
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20 points
QUESTION 3
What factors should a retailer consider when deciding whether to price above the market, price at market levels, or price below the market?
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20 points
QUESTION 4
Explain the steps in the retail sales process?
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20 points
QUESTION 5
Describe the process a retailer would go through to effectively plan its store. What are the five basic types of space needed by retailers?