You are the manager of a grocery store (supermarket) that sells a varied menu of prepared foods like pizza, wings, sandwiches, salads, sushi, hot meals, Chinese food, and other foods besides your other grocery items. Identify some of your indirect competitors.
What will be an ideal response?
Your direct competition is other grocery stores and the specific businesses that sell the same prepared foods that you do, such as restaurants, delis, and pizza shops. Your indirect competition could come from the consumers who purchase the elements that make up the prepared foods and who cook their meals at home, frozen or microwaveable meals, and vending machines.
You might also like to view...
Listeners who are opportunistic view listening at work as a chance to solve problems
Indicate whether this statement is true or false.
The difference between the reported income under absorption and variable costing is attributable to the difference in the
a. income statement formats. b. treatment of fixed manufacturing overhead. c. treatment of variable manufacturing overhead. d. treatment of variable selling, general, and administrative expenses.
Identify and describe the four organizational culture values that appear to be important in most cultures.
What will be an ideal response?
The stores in a string location often have high customer interchange or affinities
Indicate whether the statement is true or false