Select three (3) of the questions below to answer.

1.What are the key attributes of a good business location? Which of these would probably be most important for a retail location? Why?

2.Is the hometown of the business owner likely to be a good location? Is it logical for an owner to allow personal preferences to influence a decision about business location? Explain your answers.

3.Under what conditions would it be most appropriate for a small business to buy rather than lease a building for its operations?

4.What are the greatest challenges that a small business is likely to face when designing its physical facilities? What are the advantages and disadvantages of open-office configurations?

5.What factors should an entrepreneur evaluate when considering a home-based business? Be specific.

6.How might zoning and tax laws impact the decision to start a home-based business?

7.Describe B2B, C2B, B2C, and C2C business models, pointing out conditions under which they might be most useful.

8.What are the primary features of the information-based, content-based, and transaction-based models of e-commerce? Which of these offers the greatest business potential? Explain your answers.

9.What are some of the emerging options for making money in an online business? Which of these has the greatest potential for profits and long-term growth?