Which of the following are disadvantages of locating in a central business district?
A) Intense competition
B) High rental rates
C) Traffic congestion and inadequate parking facilities
D) All of the above

Question

Quizplus · Accepted Answer

All three options are considered as potential disadvantages of locating in a central business district. Intense competition can be a disadvantage because businesses need to differentiate themselves among numerous other similar businesses. High rental rates are a disadvantage because they raise the cost of doing business, which can cut into profits. Finally, traffic congestion and inadequate parking facilities can deter customers from doing business in the area, which can reduce sales.

Which of the Following Are Disadvantages of Locating in a Central