Place

Question 1

what is place

Answer 1

place is where the business makes its products available to its target customers

In a simpler way : is a place where the business sells its products

Question 2

what are 4 different types of locations

Answer 2

• a shop in a housing estate
• a shop in the mall in a neighbourhood
• a stand alone outlet
• a outlet in the city

Question 3

when deciding on the location on for an outlet what are the factors the business should consider

Answer 3

1. who are their target customers?
2. who are their competitors
3. what is the volume of food traffic
4. is the site centrally located