« previous next »

Author Question: Which of the following types of businesses benefit from being located near competitors? a. unique ... (Read 20 times)

fahad

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
Which of the following types of businesses benefit from being located near competitors?
 a. unique business
  b. comparative business
  c. competitive business
  d. none of these types benefits from being located near competitors.

Question 2

The physical setting of the service environment becomes more significant when the customers spend less and less time in the service setting.
 
 Indicate whether the statement is true or false


cascooper22

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 29, 2018
Answer to Question 1

B. Unique businesses aren't concerned with proximity to competitors because the uniqueness of their product or service draws customers from a wide area, and the number of their competitors is limited. A competitive business offers the same or similar kinds of products or services as other franchised or independent businesses within the community, and convenience, rather than proximity to competition, is a major factor in determining site for the business. Comparative businesses should normally be near competitors so that potential customers can compare products.

Answer to Question 2

F


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Types of primary skin lesions Types of primary skin lesions
Types of Synapses Types of Synapses
Types of computers (A) Laptop (B) Notebook (C) Desktop (D) Smartphone. Types of computers (A) Laptop (B) Notebook (C) Desktop (D) Smartphone.
Types of paralysis: (A) quadriplegia; (B) hemiplegia; (C) paraplegia. Types of paralysis: (A) quadriplegia; (B) hemiplegia; (C) paraplegia.
A charcoal canister can be located under the hood or underneath the vehicle. A charcoal canister can be located under the hood or underneath the vehicle.
Gastric Glands and Cell Types in the Stomach Gastric Glands and Cell Types in the Stomach
Video: Cardiac conductile cells

For a complete list of videos, visit our video library