For Wizard Kim

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?

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20 points

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