Discuss the trade areas, Trade areas are often described as

Discuss the trade areas

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Reference no: EM131512113

Question: 1. Trade areas are often described as concentric circles emanating from the store or shopping center. Why is this practice used? Suggest an alternative method. Which would you use if you owned a store in need of a trade area analysis?

2. Under what circumstances might a retailer use the analog approach for estimating demand for a new store? What about regression analysis?

Reference no: EM131512113

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