Goods and retail services

Pregunta	Respuesta
Define the term 'range'.	The distance that consumers are willing to travel to purchase a given good or to access a given service.
Define the term 'threshold'.	A measure of the number of consumers that a shop or service needs to stay open or in profit.
Define the term 'sphere of influence'.	The area served by a particular shop or service.
Define the term 'chain store'.	A large store or brand run by one business with several locations all of which carry the same stock.
Define the term 'independent'.	A small business or brand run by only one group with one location.
Define the term 'specialist shop / service'.	A shop which offers / sells specific, specialist goods and services.
Define the term 'convenience shopping'.	The purchasing of inexpensive, low order, essential goods, usually local.
Define the term 'comparison shopping'.	The purchasing of typically expensive, high order goods, comparing price, quality and other features before buying.
Define the term 'high order service'.	A service which doesn't need to be / isn't accessed frequently, usually expensive and not necessarily essential
Define the term 'low order service'.	A service which is accessed regularly, usually inexpensive and essential.

Resumen del Recurso

	Creado por Jess Molyneux hace más de 9 años