Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You have decided to launch a new snack food business. You will face many questions as you move towards opening day. The questions will focus

You have decided to launch a new snack food business. You will face many questions as you move towards opening day. The questions will focus on a production orientation, a sales orientation or a market orientation. Select the appropriate orientation next to each question about your business below.

A. How many tins of popcorn balls should I try to sell through each store? SelectMarket OrientationProduction OrientationSales OrientationItem 1

B. What are the most popular snacks in my area, and how are tastes changing? SelectMarket OrientationProduction OrientationSales OrientationItem 2

C. What kind of advertising would lead to the highest level of customer purchases? SelectMarket OrientationProduction OrientationSales OrientationItem 3

D. What is the highest output of popcorn balls I can cook up in a day? SelectMarket OrientationProduction OrientationSales OrientationItem 4

E. When and where do people most often buy food gifts in my area? SelectMarket OrientationProduction OrientationSales OrientationItem 5

F. Where can I buy cooking supplies at a cost that will allow me to make and sell my snacks profitably? SelectMarket OrientationProduction OrientationSales OrientationItem 6

G. Are popcorn balls viewed as an affordable treat or unhealthy junk food by customers? SelectMarket OrientationProduction OrientationSales OrientationItem 7

H. What commercial kitchen space is available locally, and how much is the hourly rent? SelectMarket OrientationProduction OrientationSales OrientationItem 8

I. Should I demonstrate the making of popcorn balls at home parties where I can sell the finished products? SelectMarket OrientationProduction OrientationSales OrientationItem 9

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Property Companies An Industry Accounting And Auditing Guide

Authors: Accountancy Books

1st Edition

1853558079, 978-1853558078

More Books

Students also viewed these Accounting questions