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SBE - Obj 8 Terms Review

AB
Anchor storesWell-established major retail stores that provide stability and security for shopping centers or malls.
business imageThe perception or beliefs that people have about a business.
business layoutA floor plan or map that shows how a business intends to use the space in the site to conduct business.
Convenience GoodsInexpensive products that are purchased regularly and require little time and effort for purchase decisions.
Central Shopping DistrictDowntown area of a town or city or the commercial center.
Community Shopping CenterShopping center with one or two anchor stores and 10 or more smaller stores designed to serve residents from many neighborhoods.
Downtown AreaCentral shopping district of a town or city or the commercial center.
Enclosed LayoutOrganizes types of merchandise into separate areas divided by walls to create individual shopping environments.
Home-BasedOperated from a private home usually to cut back on expenses.
Industrial ParkBusiness properties developed on less expensive sections of land away from housing developments and downtown areas.
MallAn enclosed, climate controlled shopping area.
Neighborhood Shopping CenterCaters to the convenience needs of residents of a certain neighborhood by including a supermarket or drug store as anchor tenants.
Landscape/Free-flow layoutA flexible layout using a combination of the open and enclosed layouts with creative displays to improve customer and sales staff interaction.
Open LayoutA layout plan that consists of completely open sales space bounded by outside walls.
Regional Shopping CenterAn enclosed shopping center or mall that combines three or four anchor stores with 40 other stores designed to serve customers from several towns or cities in the region.
Right-angle GridA highly structured layout design that produces a pattern of crossing aisles.
Shopping GoodsItems purchased after comparing prices and features.
Specialty GoodsProducts that are sought by a consumer who desires a specific brand or product.
Stand alone/Free standingA business location just outside of shopping centers and away from other businesses.
Super Regional Shopping CenterAn extremely large shopping center or mall that exceeds 750,000 square feet and combines many anchor stores and hundreds of smaller stores.


Millbrook High School
Raleigh, NC

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