Arby's builds a new restaurant on the same street as burger king and mcdonalds. what principle of value does this illustrate?

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07-11-2017
Business

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Arby's builds a new restaurant on the same street as burger king and mcdonalds. what principle of value does this illustrate?

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Kalahira Kalahira · Answer 1 · 2017-11-18T16:31:58+01:00

Kalahira Kalahira

18-11-2017

This demonstrates of the principle of competitiveness. Every company wants a 'piece of the pie'. If this street is located in a high traffic area, then Arby's is giving McDonald's and Burger King some good old fashioned competition.

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