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Mini-Quiz: Using Location for a Competitive Advantage in Business

by Ron Kurtus (27 May 2007)

Take this Mini-Quiz to check your understanding of the lesson material.

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1. Why is the location of a store so important to succeed in business?

It is only important if you are concerned about environmental issues

It allows you to lower your prices

Customers often go to the most convenient place

2. How could you beat out a successful local business?

Locate your business in a nearby or more convenient location

Refuse to shop there

Locate your business as far away from them as possible

3. Can you beat out a larger business that moves near your location?

Not really, but you can try ways to survive

No one is sure, because large businesses don't do that

Yes, by putting all your goods on sale

If you got all three correct, you are on your way to becoming a Champion in Winning Competitions. If you had problems, you had better look over the material again.

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Know where the business is

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Resources and references

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Top-rated books on Business Competition

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Where are you now?

School for Champions

Competition topics

Mini-Quiz: Using Location for a Competitive Advantage in Business

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Competition topics

Basics

• Motivations to Win a Competition

Types of competition

• Major Types of Competition
• -- Performance Competitions
• -- Head-to-Head Competitions
• -- Predatory Competitions

Between individuals

• Individual Competition
• -- Competing for a Job
• -- Competition in Political Campaigns
• -- Competing for Social Status
• -- Gambling
• -- Bullying

Between teams

• Using Art of War in Athletic Competitions
• Factors in Winning Basketball Games
• Gamesmanship in Tennis Match
• Strategy Used in Ali-Foreman Fight
• Dealing with Hustlers in a Competition

Between companies

• Business Competition
• -- Types of Business Competition
• -- Using Advertising for Advantage
• -- Using Location for Advantage
• -- Using TQM for Advantage

Conflict and war

• Fighting as a Form of Competition
• War as Competition
• "The Art of War" by Sun Tzu

Animals and plants

• Animals Compete for Food
• Competition Among Plants

Winning strategies

• Criteria for Winning Various Competitions
• Preparing to Win a Competition
• Role of Confidence in a Competition
• Momentum in a Head-to-Head Competition
• Disarming Your Opponent in a Competition
• Winning a Negotiation

Underhanded strategies

• Cheating in a Competition
• Dirty Playing in Competition
• Influencing the Judges to Win a Competition
• Examples of Unfair Tactics in Chess
• Defending Against a Dirty Player
• Poor Winner in a Competition

Also see

• Competition Survey Results
• Succeed in Sports
• Advance in Your Career
• Succeed in Business

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Let's make the world a better place

Be the best that you can be.

Use your knowledge and skills to help others succeed.

Don't be wasteful; protect our environment.

You CAN influence the world.

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Live Your Life as a Champion:

Take care of your health

Seek knowledge and gain skills

Do excellent work

Be valuable to others

Have utmost character

Be a Champion!

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