Question 1

A supermarket requires a large amount of operating space. Therefore, it is most likely to be located in a

Accepted Answer

A)  shopping mall. 
B)  life-style center. 
C)  freestanding site. 
D)  central business district. 
E)  off-price center.

Question 2

What of the following is a challenge faced by malls?

Accepted Answer

A)  Customers are not able to stay at malls for extended periods of time because of the lack of places to get food. 
B)  Foot traffic is low at malls. 
C)  There is little entertainment value at malls. 
D)  Many aging malls have not been updated and are unappealing to shoppers. 
E)  Mall management does not maintain consist hours of operation for retailers.

Question 3

The maintenance of common facilities, security, advertising, and special events to attract consumers are handled by the shopping center management and are covered under ________ costs.

Accepted Answer

A)  common area maintenance 
B)  community coverage 
C)  location revival 
D)  uniform code 
E)  development preservation

Question 4

Power centers are shopping centers that have an open-air configuration of specialty stores, entertainment, and restaurants, with design ambience and amenities such as fountains and street furniture.

Accepted Answer

A) True 
 B)False

Question 5

The inner city is a

Accepted Answer

A)  high-income commercial area within a large city. 
B)  low-income commercial area within a small city. 
C)  high-income residential area within a small city. 
D)  low-income residential area within a large city. 
E)  high-income commercial area within a small city.

Question 6

The major retailers in a shopping center, typically large department stores or big-box stores, are referred to as the ________ stores.

Accepted Answer

A)  parasite 
B)  anchor 
C)  location rival 
D)  leader 
E)  alpha

Question 7

Because of the open-air configuration of upscale specialty stores, coupled with entertainment and restaurants, ________ are very convenient for shoppers.

Accepted Answer

A)  convenience centers 
B)  regional malls 
C)  off-price centers 
D)  outlet centers 
E)  lifestyle centers

Question 8

Burger King in Mequon, Wisconsin, was not allowed to have a sign taller than 10 ft. and could not have any neon lights on the outside of the building. This is an example of the use of a

Accepted Answer

A)  building code. 
B)  blue law. 
C)  licensing requirement. 
D)  trading area code. 
E)  common maintenance code.

Question 9

Breanne was walking across campus to her chemistry lab when she noticed an area that had posters displayed and for sale that was not there earlier in the week. This retail format would be an example of a

Accepted Answer

A)  kiosk. 
B)  parasite store. 
C)  store within a store. 
D)  timed leased agreement. 
E)  pop-up shop.

Question 10

As Chelsea walked through the concourse to her connecting flight to Spain, she walked by a place selling high-quality audio headphones. She talked with the person standing with the cart. The cart of merchandise would be described as a

Accepted Answer

A)  kiosk. 
B)  parasite store. 
C)  store within a store. 
D)  timed leased agreement store. 
E)  pop-up shop.

Question 11

When consumers go specialty shopping, they know what they want and will not accept a substitute.

Accepted Answer

A) True 
 B)False

Question 12

What are the advantages and disadvantages of strip shopping centers?

Accepted Answer

The answer of What are the advantages and disadvantages of...

Question 13

Local governments in the United States use ________ to regulate land uses in specific areas to prevent any interference with existing uses by residents or businesses, as well as encourage the preservation of a community's sense of identity.

Accepted Answer

A)  mapping 
B)  zoning 
C)  policing 
D)  branding 
E)  lining

Question 14

Which of the following is an advantage of freestanding locations?

Accepted Answer

A)  Unlimited trade area 
B)  High pedestrian traffic 
C)  Light pedestrian traffic 
D)  Less expensive compared to shopping centers 
E)  High vehicular traffic

Question 15

The Home Laughlin China Company of West Virginia manufactures Fiesta China in a variety of colors. The factory has a store where they feature Fiesta products that are discounted or discontinued. Patrons come in to shop with crates expecting to purchase the Fiesta products in large quantities. This type of store can be considered as a(n)

Accepted Answer

A)  lifestyle center. 
B)  mixed-use development. 
C)  outlet store. 
D)  regional center. 
E)  festival center.

Question 16

Developers will usually look for ________ to build lifestyle centers.

Accepted Answer

A)  small towns 
B)  middle-class neighborhoods 
C)  higher-income neighborhoods 
D)  interstate interchanges 
E)  inner city locations

Question 17

Which of the following is an approach for dealing with aging malls and the changing demographics in their trade areas?

Accepted Answer

A)  Lowering occupancy costs 
B)  Increasing the number of department stores 
C)  Changing the hours of operation 
D)  Increasing square footage 
E)  Tailoring offerings to current markets

Question 18

Which of the following can restrict the size and style of retail signs?

Accepted Answer

A)  Neighboring retailers 
B)  Shopping center management 
C)  Manufacturers 
D)  Brand stewards 
E)  Retail managers association

Question 19

Which of the following is a reason for opposing big-box retailers?

Accepted Answer

A)  The low returns on investments 
B)  Lack of choices between brands 
C)  Increase in the cost of products 
D)  The high cost of occupancy 
E)  It drives local retailers out of business

Question 20

Diana wanted a German shorthaired pointer after seeing it win the Best in Show Award at the dog show. She searched on the Westminster Kennel Club website for a breeder and found one in Greenville, South Carolina. She was sure this was the breed she wanted; she was willing to pay the expense to travel to Greenville and purchase the puppy. This type of shopping is

Accepted Answer

A)  demand-oriented service-provider. 
B)  specialty shopping. 
C)  ultimate provider. 
D)  internet shopping. 
E)  supply-oriented service-provider.

Exam 7: Retail Locations