Exam 9: The Location Plan

Jeff's Website Design and Data Storage deals directly with corporate customers online and builds websites and data storage to specifications after an order is placed.By reducing the firm's storage and carrying costs,this example illustrates that B2B firms can create

Because B2B success stories generally receive more publicity than B2C ventures,the potential for B2C opportunities are overlooked.

A person who is selling product on eBay is using a B2C model.

Manufacturing equipment can be categorized as general-purpose and special-purpose.

For small businesses,the Internet tends to blur ____ boundaries.

Match the term with its definition.Some terms may not be used. a.auction sites b.brick-and-mortar facility c.business incubator d.B2B model e.B2C model f.C2C model g.content-based model h.disintermediation i.e-commerce j.eCRM k.general-purpose equipment l.home-based business m.information-based model n.special-purpose equipment o.transaction-based model p.zoning ordinance -A business that maintains its primary facility in the residence of its owner

Purchasing used equipment is acceptable as long its use does not send the wrong message to a customer.

To maximize sales and profits,a discount shoe store should create an atmosphere similar to higher price point shoe stores as the customers will expect the same atmosphere.

Steve started a Web-based business offering a mechanism for buying and selling antiques.He has set up his company using the ____ model.

Garland uses the family room of his home for his business.The children share his computer for their homework and games.The family room also contains the TV and homework space for the children.The IRS is likely to disallow his deduction for this space because:

John created Acme Online to allow paper suppliers to compete for manufacturers' orders over the Internet in live auctions.This model would best be described as

It is possible for an entrepreneur to do business over the Internet without either a website or storefront.

For small service or retail businesses,the top priority in location decisions is

Renee plans to open a gift shop in a tourist location.She will rely heavily on walk-in customers to support her business.Renee will need:

An advantage for choosing a hometown as a location for a new business venture include the fact that

Customer accessibility is the most critical factor in evaluating a specific site for a

Site-related factors that should be taken into consideration when selecting a manufacturing location include

Bart is ready to look for a site for his new business.To help him in his search he should:

Canning machines and auto assembly line machinery are examples of special-purpose equipment.

Match the term with its definition.Some terms may not be used. a.auction sites b.brick-and-mortar facility c.business incubator d.B2B model e.B2C model f.C2C model g.content-based model h.disintermediation i.e-commerce j.eCRM k.general-purpose equipment l.home-based business m.information-based model n.special-purpose equipment o.transaction-based model p.zoning ordinance -Machines that serve many functions in the production process