Shared Flashcard Set

Details

Unit 8 Place Decisions
Place decisions faced by business owners
6
Business
Not Applicable
04/26/2011

Additional Business Flashcards

 


 

Cards

Term
Anchor Stores
Definition
Well-established major retail stores that provide stability and security for shopping centers or malls
Term
Business image
Definition
The perception or beliefs that people have about a business
Term

Business layout

Definition

 A floor plan or map that shows how a business intends to use the space in the site to conduct business.

 

Term
Convenience goods 
Definition
Inexpensive products that are purchased regularly and require little time and effort for purchase decisions
Term

Central shopping district  .

 

Definition
Downtown area of a town or city or the commercial center.
Term
Community shopping center 
Definition
Shopping center with one or two anchor stores and 10 or more smaller stores designed to serve residents from many neighborhoods
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