S1 Exam Review Chapter 7 Site Selection Vocabulary ENTRE 2024-25

Front

area where a business draws most of its customers from

Back

trade area

Front

statistics about the economy indicating how it is performing

Back

economic indicators

Front

a company with a physical store or facility for at least a portion of its operation

Back

Brick-and-mortar business

Front

any business process conducted through electronic networks using the internet

Back

e-business

Front

term for the buying and selling of goods or services through the internet

Back

e-commerce

Front

a combination of 2 or more different elements to achieve a certain goal

Back

hybrid business

Front

legal contract to use property owned by another person or company for a specific amount of time

Back

lease

Front

owner of rental property

Back

lesser

Front

person paying to rent the property

Back

lessee

Front

cost to remodel existing interior for new business

Back

tenant improvement