Saturation Clustering Occurs When Service Firms Locate Their Business near Their

question 29

True/False

Saturation clustering occurs when service firms locate their business near their competitors because they expect a high level of customer traffic.

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Definitions:

Skype Network

A digital communication platform enabling voice and video calls over the internet.

Working Smarter

A strategy that focuses on achieving greater outcomes or productivity through efficient methods, often by prioritizing, leveraging tools, or streamlining processes.

Duplicate Work

Performing the same task or creating the same product multiple times, often unnecessarily, leading to inefficiency.

Outsmart

To defeat or gain an advantage over someone through greater intelligence, cleverness, or cunning.