Why do businesses setup near competitors?

Need to answer this question and the only reason I've though of so far is that customers initially intending to go to the competitor's store may also be attracted into your store if it is located nearby - thus boosting potential customer numbers and sales etc.

Any help with this question please?

Reply 1

TSR Learn Together

Official Rep

Hi there,

While you're waiting for an answer, did you know we have 300,000 study resources that could answer your question in TSR's Learn together section?

We have everything from Teacher Marked Essays to Mindmaps and Quizzes to help you with your work. Take a look around.

If you're stuck on how to get started, try creating some resources. It's free to do and can help breakdown tough topics into manageable chunks. Get creating now.

Thanks!

Not sure what all of this is about? Head here to find out more.

Quick Reply

Related discussions

Btec level 3 Business
business question edexell
BTEC Business Pearsons Unit 2 - Developing a Marketing Campaign
Material Selection for Tents
Need help with some Alevel business multiple choice question
How I get an A in A-Level Business Studies
Why is Man City hated so much?
Fashion Markering at Falmouth Uni
BTEC Business Pearsons Unit 2 31489H Summer 2023 - Developing a Marketing Campaign
Ial m1 oct 22 q
Career advice at school - Is it useful?
Btec business exam
business
Laptops for uni
Legal advice on employment law issues
Every Twilio Alternative for your Business communication 2023
Study now at Exeter or wait one year to study at KCL or Bristol?
AQA A Level Business Paper 1 (7132/1) - 23rd May 2023
Economics a level
Oxford vs Cambridge ES

Latest

Articles for you

Edexcel A-Level Economics Paper 1 - Unofficial Mark Scheme - 18 May 2023

What kind of university is best for you?

What is an LLM and how could it benefit your career?

Powerful questions business students forget to ask their career advisers