To a business manager,the utility of a potential supermarket location will most likely be based on
A) prestige, convenience and feelings of community happiness.
B) projected costs and revenues.
C) environmental characteristics.
D) distance from sources of food and household goods.
E) its population characteristics.

Question

Quizplus · Accepted Answer

A business manager would want to know the projected costs and revenues associated with the potential location in order to make an informed decision on its utility. While factors such as convenience and population characteristics may also be considered, they are secondary to the primary concern of profitability. Environmental characteristics and distance from sources of food and household goods may also play a role in location selection, but again these factors ultimately tie back to financial considerations. Prestige and feelings of community happiness may be desirable outcomes of a successful location, but they are not the primary drivers of the decision-making process.

To a Business Manager,the Utility of a Potential Supermarket Location