Companies sometimes like to locate somewhat surprisingly


Companies sometimes like to locate, somewhat surprisingly, near competitors. You can see gas stations of different brands located really close to each other and a CVS next to a Walgreen. This tendency is called clustering. Please justify this type of location decisions.

Solution Preview :

Prepared by a verified Expert
Business Economics: Companies sometimes like to locate somewhat surprisingly
Reference No:- TGS02234706

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)