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Unformatted text preview: clothing at similar prices. This also happens with larger department stores like Wal-Mart, K-Mart and Target. All of these stores sell similar products, after seeing the success each of them experience. Although the quality of the product may be different depending on what store you go to, each one sells similar products because they know from the other stores what will sell. This can also happen in restaurants. Applebee’s, Chili’s, Ruby Tuesday, The 99, The Ground Round, and T.G.I.Fridays also are examples. These chain restaurants each sell similar foods at similar prices and compete with each other for costumers. When one company is successful, many other companies pop up with similar products or foods, and hope to have success....
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This note was uploaded on 11/17/2011 for the course SOCIO 110 taught by Professor Staff during the Fall '09 term at UMass (Amherst).
- Fall '09