| A | B |
|---|
| business environment | trying to decide on a location for your business, you must look at THIS which consists of current demographics, future projections, & employment rates |
| triple net lease | charges the tenant rent plus Operating costs such as insurance, maintenance, utilities, and taxes |
| store location | rent, traffic and location of competitors are all considerations for determining THIS |
| Physical inventory | Count of all the items in a business |
| Shoplifting | taking items from a retail establishment WITHOUT paying for them |
| trade area | business's geographic surroundings, which provide most of the customers |
| Important | People say location, location, location because it is so THIS to a company's success |
| business district | common disadvantage of being located in one of these is Parking is usually not provided |
| Merchandising | One way to decrease shoplifting is to alter THIS |
| Badly! | Your store is doing this if your stolen goods are almost or more than your sales |
| Shrinkage | this is calculated as the difference between physical inventory and book value |
| Traffic | Whikle this is a good indicator of a good location, it CANNOT determine alone whether oen location is better than another |
| shrinkage | money a business loses due to broken, damaged, expired, or stolen inventory |
| Less frequently | Products placed behind the counter are ______ ____________ stolen by customers |
| Complementary businesses | sporting goods store located next to an athletic shoe store |
| Cell phones | THESE are often attached to the wall to prevent theft |
| Stolen Goods | These items would have to be considered part of your Cost of Goods Sold even though they were taken from you |
| employee theft | THIS and shoplifting both account for shrinkage |
| per passerby | rent by THIS is calcualted by Rent dived by passersby |
| Inventory | Consucting a pyhsical one of these, can help you determine the amount of shrinkage you have |
| New business | a good location for one of THESE would be near a shopping center with high customer traffic |
| Deter | Security systems, Electronic Tags, and Cameras can be used to do THIS to shoplifting |
| High Value | Shoplifters usually choose items of THIS to steal |
| aspirin | because of the small bottle size, this is likley to be stolen |
| Demographics | The socio/economic makeup of people near the location |
| Reduce shrinkage | Ways to do THIS include: Lock display cases of small, expensive items, Train employees to spot potential shoplifter habits, and Install ink tags on merchandise and security cameras at exits |
| shoplifting | this increases because of pooer security |
