1. If you were considering the ownership of a Taco Bell franchise, what would yo
ID: 348113 • Letter: 1
Question
1. If you were considering the ownership of a Taco Bell franchise, what would you want to know about the location in terms of traffic, population, income, employment, and competition? What else would you need to research about a potential location?2. Home Depot typically locates in either a power center or a freestanding site. What are the strengths of each location for this home improvement retailer?
3. A friend of yours is considering buying some stock in retail companies. Your friend knows that you are taking a retailing class and ask your opinion about Costco. Your friend is concerned that Costco is not a good firm to invest in because it has such a low net operating profit. What advice would you give your friend? Why? 1. If you were considering the ownership of a Taco Bell franchise, what would you want to know about the location in terms of traffic, population, income, employment, and competition? What else would you need to research about a potential location?
2. Home Depot typically locates in either a power center or a freestanding site. What are the strengths of each location for this home improvement retailer?
3. A friend of yours is considering buying some stock in retail companies. Your friend knows that you are taking a retailing class and ask your opinion about Costco. Your friend is concerned that Costco is not a good firm to invest in because it has such a low net operating profit. What advice would you give your friend? Why?
2. Home Depot typically locates in either a power center or a freestanding site. What are the strengths of each location for this home improvement retailer?
3. A friend of yours is considering buying some stock in retail companies. Your friend knows that you are taking a retailing class and ask your opinion about Costco. Your friend is concerned that Costco is not a good firm to invest in because it has such a low net operating profit. What advice would you give your friend? Why?
3. A friend of yours is considering buying some stock in retail companies. Your friend knows that you are taking a retailing class and ask your opinion about Costco. Your friend is concerned that Costco is not a good firm to invest in because it has such a low net operating profit. What advice would you give your friend? Why?
Explanation / Answer
1. If I am considering an ownership of Taco Bell franchise, the location details that I would like to know are
The additional information I would like know about the location are
2. Power center and freestanding site both provide unique and mutually exclusive benefit when setting up a retailer store. Some of the benefits are
Power center benefits
Freestanding site benefit
3. I will advise my friend to decide carefully and not to jump into discarding Costco. The reason is that retail businesses usually operate with low net operating profit. Their operating profit is significantly lower than, let’s say technology companies or others. However, this does not mean that the business is not good. My advice will consist of the following
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