Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Thandi owns a Bakery in Cape Town called Special Moments Bakery. She imports special flours from Brazil. These ingredients are generally grown in the
Thandi owns a Bakery in Cape Town called Special Moments Bakery. She imports special flours from Brazil. These ingredients are generally grown in the summer and exports take place in autumn. Thandi must therefore buy in bulk and freeze excess stock to ensure supply all year round. Thandi's sales have recently dropped. A customer survey has revealed that customers find the cakes too expensive. Customers have also complained about the payment equipment being too slow. They suggested Thandi include Zapper as a payment option. To address these concerns, She would like to offer a two for one special hoping to attract more customers and will be introducing zapper to 2 facilitate the payment process. Read the scenario above and answer the following: Q.1.1.1 Identify an example of the Ownership gap and explain how Thandi plans on closing this gap. Identify an example of the Time Gap and explain how Thandi plans on closing this gap. Q.1.1.2
Step by Step Solution
There are 3 Steps involved in it
Step: 1
An example of the Ownership gap in the scenario is Thandis inability to control the high cost of her ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started