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Why would Save-A-Lot grocery store choose to be located in the same strip mall as Dollar General and Walmart?
Degree of External Competition
The extent of competition that a business faces from other companies within the same industry or market.
Operational Growth
The expansion of a company's operational capacity, often leading to increased output, efficiency, or market share.
Strategic Planning
The process of defining an organization's strategy or direction and making decisions on allocating resources to pursue this strategy.
Business Planning
The process of creating a detailed plan outlining a company's goals, strategies, resources, and projected financial performance over a certain period.
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