Speaking of competition

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Speaking of competition, why is it that company’s who are in competition with one another often located right next to each other? Where I live, if you see a McDonalds, within a block there is a Burger King. As you drive down our main street, you hit Target on the first block, next block is Kmart, and finally a block later Wal-mart. Why do you think this is? Any thoughts Group?

Reference no: EM131163758

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