Question: Rapid - Built Ffomes specializes in low - cost prefabricated, modular homes that can be erected in a matter of days anywhere in the country.
RapidBuilt Ffomes specializes in lowcost prefabricated, modular homes that can be erected in a matter of days anywhere in the country. RapidBuilt focuses on entire subdivisions of homes developed by real estate speculators. ModernModular Homes ModMod specializes in modular homes designed by architects, which can be built anywhere in the country. The buyers usually build the home themselves from kits on their own lots. ModMod sells fewer than house kits per year. ModMod is run by two professors of architecture as a sideline business. According to the framework of competitive analysis, RapidBuilt and ModMod:
are direct mutually acknowledged competitors.
have high resource similarity.
have high market commonality,
are probably not engaged in intense competitive rivalry.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
