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. Based on your reading of open systems and “Substitutes and Complements” in the text, do you agree with Marc or disagree? Why?

Question

anonymous · Answer

Agree. Any type of place you purchase things, the managers look at other similar stores and they can compete and compare with each other. For example, Verizon and AT&T. They both are in the same business industry, and are huge competitors.