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

Quizplus · Accepted Answer

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.

Which of the Following Types of Businesses Benefit from Being