Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I. Fill in the blanks. 1. benefits to the firm. refers to that place which will bring the highest possible 2. Proximity to market and
I. Fill in the blanks. 1. benefits to the firm. refers to that place which will bring the highest possible 2. Proximity to market and supply of raw materials, labor supply, and _ are the factors considered when identifying which prov- ince to locate the small business. 3. If the SBO is considering as a location for his tomato sauce factory a tomato producing province, he is concerned with the location factor of 4. In selecting the region to locate one's business, the criteria considered con- sist of and average income of families. 5. Incentives for small business like tax holidays, lower fees, minimum restrict tions, and the like, indicate a positive location factor called 6. indicate whether the city is growing or dying. 7. The steps in selecting a suitable location for retailers consist of choosing a viable community, selecting the trading area, and 8. The factors used to determine a viable community as site for a small busi- ness consists of economics, population, and 9. The is the geographic area from which a business draws its customers. 10. The refers to the unplanned shopping area around the geographic point at which all public transportation systems converge.U. Fill in the blanks before each item in column A with the corresponding letters . column B. B A 1. right location A. relevant location factor for small business selling books, magazines, computers, among others 2. criteria in selecting B. choosing a viable community the region selecting the trading area, and evaluating the specific site 3. criteria in selecting the C. should be ruled out in province choosing a business location 4. level of education of town's D. one with a balanced mix of population business establishments 5. income level of population E. economics, population, and competition 6. cities that do not provide F. population growth and adequate police and fire average annual income of protection families 7. steps in selecting location G. central business district, for retailers shopping center, and free- standing locations 8. factors in choosing a viable H. indicator of purchasing community power 9. economically stable area 1. proximity to markets, supply of raw materials, labor supply and business climate 10. classes of locations J. place which will bring highet possible benefits to the firm
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started