Businesses work to compliment or substitute

Reference no: EM1350408

Scenario: Marc has opened a 24-hour fitness center in a fast-growing city. Before purchasing the franchise and starting his new business, Marc looked at the one other fitness center currently operating in that area. In the same general area are video game rooms, fast food restaurants, a sports bar, a golf driving range, a sporting goods store, and a bowling alley. Marc believes that the one fitness center forms his competition and thinks that other businesses will either work to compliment or substitute his fitness center. Do you agree with Marc or disagree? Why?

Reference no: EM1350408

Questions Cloud

Increasing employee productivity : Show the ways that HRM can implement pay for performance programs and activities aimed at increasing employee productivity.

Explain effective supply chain management relies on trust : Explain effective supply chain management relies on high levels of trust- cooperation collaboration and honest, accurate communications.

Creating main function that opens the input file : Create a main function that opens the input file, reads each line, and based on first character in input line, calls the [A]dd function or [M]ultiply function.

What would the diameter of the space station : A bucket of water is whirled in a vertical circle of radius 90cm,What is the least speed that will keep the water from falling out.

Businesses work to compliment or substitute : Marc has opened a twenty-four hour fitness center in a fast growing city. Before buying the franchise and starting his new business, Marc looked at the one other fitness center currently operating in that area.

Employee termination case- harry vs sally : How do you let them know they will no longer have a job with your company and what steps do you take so you feel good about your decision

Treatment of a sensorimotor disorder : I need assistance regarding the treatment of a sensorimotor disorder. Can you compare and contrast the different approaches to treating the disorder that can be identified as it relates to its effectiveness of treatment?

Recruiting motivation and managerial actions : Write Walter's parents, stressing that the scholarship will cover all of his tuition, room and board, and book expenses.

Principle motives for holding cash-near cash assets : Briefly identify and explain the principle motives for holding cash and near cash assets. What are the risk-return trade-off associated with inventory management?

User Account

All Pages