Question 1

A retail layout should push customers into the store.

Accepted Answer

A) True 
 B)False  False

Question 2

The three factors that influence the size of the retail trading area are: type and price of products,type of the business,and the demographics of the area.

Accepted Answer

A) True 
 B)False  False

Question 3

While GIS software allows a business owner to plot his/her existing customer base on a map,it does not provide zip code information.

Accepted Answer

A) True 
 B)False  False

Question 4

A variance is a special exception to a zoning ordinance.

Accepted Answer

A) True 
 B)False

Question 5

Incubator facilities are established in order to:

Accepted Answer

A) enhance economic development and diversify the local economy. 
B) revitalize central business districts. 
C) centralize types of businesses and provide tax breaks to those businesses. 
D) encourage businesses to locate in economically depressed areas of a city. 
A) enhance economic development and diversify the local economy. 
B) revitalize central business districts. 
C) centralize types of businesses and provide tax breaks to those businesses. 
D) encourage businesses to locate in economically depressed areas of a city.

Question 6

Shopping malls typically average ________ parking spaces per ________ square feet of shopping space.

Accepted Answer

A) 10;1,000 
B) 5;1,000 
C) 15;5,000 
D) 3;1,000 
A) 10;1,000 
B) 5;1,000 
C) 15;5,000 
D) 3;1,000

Question 7

________ would be most important to someone wishing to locate a manufacturing facility for computers.

Accepted Answer

A) Proximity of the target market 
B) Business climate 
C) Labor supply 
D) Proximity to raw materials 
A) Proximity of the target market 
B) Business climate 
C) Labor supply 
D) Proximity to raw materials

Question 8

When evaluating existing buildings,retailers:

Accepted Answer

A) need to find the lowest cost per-square-foot possible due to the need for maximum display space. 
B) should locate in store space previously occupied by a similar type of business. 
C) should recognize that the store's appearance and layout create an image for the customer of the business. 
D) can discount the interior appearance of the building if it has a strong exterior appeal. 
A) need to find the lowest cost per-square-foot possible due to the need for maximum display space. 
B) should locate in store space previously occupied by a similar type of business. 
C) should recognize that the store's appearance and layout create an image for the customer of the business. 
D) can discount the interior appearance of the building if it has a strong exterior appeal.

Question 9

The secret to selecting the ideal location for a business is:

Accepted Answer

A) the available labor pool for the business. 
B) knowing the customer and what is convenient to them. 
C) the tax rate of the local and state governments. 
D) the security of the area and the services provided by the site to the business owner. 
A) the available labor pool for the business. 
B) knowing the customer and what is convenient to them. 
C) the tax rate of the local and state governments. 
D) the security of the area and the services provided by the site to the business owner.

Question 10

The key to determining what needs to be accessible is to determine what are the "primary function" areas of the business.

Accepted Answer

A) True 
 B)False

Question 11

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 product,the process,the facility,and key economic considerations. 
C) the status of the building;built,bought,or leased and the type of product sold. 
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 product,the process,the facility,and key economic considerations. 
C) the status of the building;built,bought,or leased and the type of product sold. 
D) the employees,the customer,and the mechanical process used to produce the product.

Question 12

The manufacturing layout that groups workers and equipment according to the general function performed,and that works best with short production runs or when there are considerable variations in the finished product,is called:

Accepted Answer

A) process layout. 
B) fixed-position layout. 
C) function layout. 
D) product layout. 
A) process layout. 
B) fixed-position layout. 
C) function layout. 
D) product layout.

Question 13

A(n)________ layout has the advantage of creating a relaxed,friendly shopping atmosphere encouraging shoppers to linger and increasing the number of impulse purchases.

Accepted Answer

A) free-form 
B) grid 
C) angled 
D) boutique 
A) free-form 
B) grid 
C) angled 
D) boutique

Question 14

The primary variable(s)that influence(s)the scope of a trading area is (are):

Accepted Answer

A) the character of the transportation network. 
B) the nature of competing businesses. 
C) the type and size of the business operation. 
D) the racial and political barriers in the local community. 
A) the character of the transportation network. 
B) the nature of competing businesses. 
C) the type and size of the business operation. 
D) the racial and political barriers in the local community.

Question 15

The best way to determine where to place merchandise,what a store's "hot" and "cold" spots are,is to:

Accepted Answer

A) conduct a kinesiology study. 
B) hire a market research firm to study your business. 
C) conduct focus groups with former customers. 
D) simply observe customers in the store. 
A) conduct a kinesiology study. 
B) hire a market research firm to study your business. 
C) conduct focus groups with former customers. 
D) simply observe customers in the store.

Question 16

When planning store,office,or plant layouts,business owners too often focus on ________,rather than enhancing employees' productivity or maximizing sales.

Accepted Answer

A) construction schedules. 
B) choosing an architect or designer. 
C) minimizing costs. 
D) None of the above 
A) construction schedules. 
B) choosing an architect or designer. 
C) minimizing costs. 
D) None of the above

Question 17

A ________ is the traditional center of town.

Accepted Answer

A) hub 
B) business area 
C) central business district 
D) community center 
A) hub 
B) business area 
C) central business district 
D) community center

Question 18

When analyzing the labor supply,a small service business is only concerned with the level of education and training of the labor force in the area.

Accepted Answer

A) True 
 B)False

Question 19

For a small business,an airport is a nontraditional location.

Accepted Answer

A) True 
 B)False

Question 20

Central business districts have convenient and safe parking.

Accepted Answer

A) True 
 B)False

Exam 18: Location,layout,and Physical Facilities

A retail layout should push customers into the store.

The three factors that influence the size of the retail trading area are: type and price of products,type of the business,and the demographics of the area.

While GIS software allows a business owner to plot his/her existing customer base on a map,it does not provide zip code information.

A variance is a special exception to a zoning ordinance.

Incubator facilities are established in order to:

Shopping malls typically average ________ parking spaces per ________ square feet of shopping space.

________ would be most important to someone wishing to locate a manufacturing facility for computers.

When evaluating existing buildings,retailers:

The secret to selecting the ideal location for a business is:

The key to determining what needs to be accessible is to determine what are the "primary function" areas of the business.

Manufacturing layout decisions take into consideration:

The manufacturing layout that groups workers and equipment according to the general function performed,and that works best with short production runs or when there are considerable variations in the finished product,is called:

A(n)________ layout has the advantage of creating a relaxed,friendly shopping atmosphere encouraging shoppers to linger and increasing the number of impulse purchases.

The primary variable(s)that influence(s)the scope of a trading area is (are):

The best way to determine where to place merchandise,what a store's "hot" and "cold" spots are,is to:

When planning store,office,or plant layouts,business owners too often focus on ________,rather than enhancing employees' productivity or maximizing sales.

A ________ is the traditional center of town.

When analyzing the labor supply,a small service business is only concerned with the level of education and training of the labor force in the area.

For a small business,an airport is a nontraditional location.

Central business districts have convenient and safe parking.

Entrepreneurs: the Driving Force Behind Small Business

Ethics and Social Responsibility: Doing the Right Thing

Creativity and Innovation: Keys to Entrepreneurial Success

Strategic Management and the Entrepreneur

Choosing a Form of Ownership

Franchising and the Entrepreneur

Buying an Existing Business

New Business Planning Process: Feasibility Analysis,business Modeling,

Building a Bootstrap Marketing Plan

Creative Use of Advertising and Promotion

Pricing and Credit Strategies

Global Marketing Strategies

E-Commerce and Entrepreneurship

Creating a Solid Financial Plan

Managing Cash Flow

Sources of Equity Financing

Sources of Debt Financing

Supply Chain Management

Managing Inventory

Staffing and Leading a Growing Company

Management Succession and Risk Management Strategies in the Family Business

The Legal Environment: Business Law and Government Regulation

Filters

Shopping malls typically average parking spaces per square feet of shopping space.