ECO 211 Lecture Notes - Lecture 7: Mall Of America, Apple, Glossary Of Climbing Terms

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ECO 211 Full Course Notes
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One of largest shopping mall in the us. 40 million user a year (disney world only does 28 million, grand canyon does. 10 million) and almost 40% live more than 150 miles away. Since 1992 in minnesota, no-one had ever tried a mall this big. What environmental factors suggest that the concept would be successful: 1. The 13 counties that surround it are 13 million, average income is just under 70k: 2. 10,000 lakes in minnesota that brings 15 million visitors a year: 3. What environmental factors suggest that the concept would not work: 1. Decline of shopping malls (gotten progressively worse: 2. What were the primary challenges facing managers as they designed and built it: 1. From a retailer"s perspective, why locate there: 1. From a retailer"s perspective, why not locate there: 1. Some people just go for the entertainment, not shopping: 3. Some shoppers may not want to go there (intimidated by the size)

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