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EastWind [94]
3 years ago
13

According to the Huff Gravity Model, the two factors which attract consumers to a store location are: travel time for customer t

o get to location and the number of customers in a trade area. the attractiveness of the store's location and the time it takes to travel to the store. the size of the store and the number of customers in a trade area. travel time for customer to get to location and the distance between a customer's location and store location. the distance between customer location and store location and the number of customers in a trade area.
Business
1 answer:
azamat3 years ago
5 0

Answer:

The correct answer would be option B, The attractiveness of the store's location and the time it takes to travel to the store.

Explanation:

According to the Huff Gravity Model, The two factors which attract customers to a store location are the attractiveness of that store's location and the time it takes to travel to the store.

This means that according to the Huff theory, people will likely to purchase from a store which is present at a more attractive location and also the time taken to reach at that specific store is less. For example, I myself prefer going to Lulu Hypermarket over Panda Hypermarket because of the difference in the location of both the stores and also Lulu Hypermarket is more near to me than Panda Hypermarket. The location of Lulu is more attractive.  

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rodikova [14]

The correct option is C. Increased earning potential in the future. According to many education providers, increased earning potential in the future is one of the monetary benefits of attending college.

Although other benefits listed constitute part of the benefits of attending college but in terms of those that provide only "monetary benefit". Many education providers list <em>increased earning potential </em>at the top of their list among the monetary benefits of attending college. Based on this general consensus, we can conclude that option C is the most correct option.

You can learn more about the monetary benefits of attending college here brainly.com/question/15465290

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4 0
2 years ago
You are evaluating your company’s segmentation approach and discover an important missing condition. They have measured their ta
zysi [14]

Answer:

Profitability

Explanation:

It is not enough that our target market is reachable, stable, cost-effective, and measurable. We also need to measure how profitable the market is. We know that our major aim of doing business is to make profit, therefore the profitability of the market must be measured as well.

6 0
3 years ago
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ololo11 [35]

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4 0
4 years ago
Which of the following is a business plan most similar to?
kotegsom [21]

A business plan is a summarized formal document which would help a business to operate. This includes information such as; projected profit and loss, projected cashflow forecast, marketing, production, finance and human resources plan, etc. This is a road map of a business to its destination. Mostly new entrepreneurs draw up a business plan so that they can refer to it if they forget anything. This document would help to support bank loan applications.

8 0
4 years ago
Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Calculate the adjusted bal
11111nata11111 [884]

Answer:

T-Accounts:

a) Accrual:

Depreciation Expense - Equipment

Account Title         Debit      Credit

Accumulated

Depreciation       $1,800

Accumulated Depreciation - Equipment

Account Title         Debit      Credit

Unadjusted balance           $5,000

Depreciation                          1,800

Bal                                       $6,800

b) Prepaid:

Office Supplies Expense

Account Title         Debit      Credit

Office Supplies   $8,900

Office Supplies

Account Title              Debit      Credit

Unadjusted balance  $9,200

Office supplies expense         $8,900

Bal.                               $300

c) Deferral:

Service Revenue

Account Title         Debit      Credit

Unadjusted balance          $11,300

Unearned Revenue

Account Title         Debit      Credit

Balance                               $11,800

Explanation:

Deferral of revenue, prepayment of expenses, and accrual of expenses and revenue are required under the accrual basis of accounting.  The accrual basis is supported by the accrual concept which requires that revenue and expenses are accounted or recognized in the period that they relate to and not when the cash is received or paid.

4 0
3 years ago
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