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How Locational Competitiveness Is Important For Certain Industries
Every time I go to a Mc Donald's to have my favourite burger, I always spot a Burger King outlet next door or within 50 metres of it.
I can understand if its in a mall as all major outlets have retail space in the food court of a mall, however these are outlets in open spaces.
In fact, this true for car dealers and petrol pumps too. I'm sure, you must have seen a cluster of auto dealers. Many fuel pumps too, are located adjacent to each other.
To put an end to my curiosity, I did a google search to find the reason why competing brands are situated next to each other? I mean, isn't it counter intuitive?
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