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Scenario 4-2. Petro is considering opening a new small business called Petro's Playground. It will be an inside playground with climbing equipment, jungle gym, pit of balls, slides, and swings. Petro's closest competition has been in business for four years and provides quality service along with the fun of the playground. The competition is located four miles away in a large city and Petro is hoping to acquire some of his competition's market share by providing lower prices and more diversity in playground equipment.
-In Scenario 4-2 above, which advantages may Petro have initially in obtaining new customers?

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Petro is hoping to acquire some of his competition's market share by providing lower prices and more diversity in playground equipment. Therefore, lower prices and new and different equipment may be the advantages that Petro has initially in obtaining new customers.

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