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How does the price of your medium cup of coffee with other businesses (cafes) in the market? What can you learn through this comparison? My

How does the price of your medium cup of coffee with other businesses (cafes) in the market?  What can you learn through this comparison?

 My price is much higher
 My price is slightly higher
 My price is consistent with other businesses
 My price is slightly lower
 My price is much lower
Question #3

3

 

 

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Your special decision in Week 4 was the choice to include weekend hours.

Did you choose to open on the weekends? Why or why not?  

 Yes  NoQuestion #4

4

 

 

Response is required

 

Look at the results table in the simulation to find this answer:

What was your revenue after five (5) weeks in business?

Do not use thousands separators.
Question #5

5

 

 

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What did you learn from your performance in Period 1 (covering Weeks 1 through 5) that you can apply to your next set of decisions in Period 2 (covering Weeks 6 through 9)?  How will you approach the simulation differently because of this?

 

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