Industrial Park - a section of land that is zoned for industrial businesses only, Enterprise Zone - areas that suffer from lack of employment opportunities, E-Commerce - (electronic commerce) buying and selling products or services over the internet., Trade area - the geographic areas from which you expect to attract a majority of customers., Tenant - the person who pays rent to occupy a space owned by someone else., Landlord - the person who owns and rents out buildings or space., Gross lease - the tenant pays rent each month each month for the space occupied and the landlord covers all property expenses for that space., Net lease - occurs when the landlord pays building insurance, and the tenant pays rent, property taxes, and any other expenses., Revenue - the money generated (earned) from normal business operations, calculated as the average sales price times the number of units sold, Percentage lease - the tenant pays a base rent each month, and the landlord receives a percentage of the tenant’s revenue each month, Inventory - the products that businesses sells to their customers and the materials it needs to make those products., Vendors - companies that sell products and services to businesses., Quote - an estimate for how much you will pay for the merchandise or service., Reorder point - a pre-determined level of inventory that signals when new stock should be ordered.,
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Seneitha
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Economics
Economic Growth and Development
Industrialization
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