Question

Write a paragraph about your business, how you plan to compete with the other local frozen-yogurt shop, and why your action plan will work. Use what you have learned in this lesson to support your plan.

Answer 1

I planned to made by Frozen-yogurt shop filled with several menus using typical ingredient that's used for Indonesian Desert. Due to the differentiation of product, my yogurt shop would be the only shop that could offer unique taste from another culture and will make me have a comptitive advantage towards other shop.

Answer 2

Sample Response: By not hiring another employee, I will have to follow fewer government laws. Not having an additional employee will help keep my production costs down and allow me to sell my product for less. I will also ensure that all consumers know the ingredients of my yogurt. My strategies for competing with the other frozen-yogurt shop will work because lower prices will attract consumers. By advertising that our ingredients are natural, consumers will return.