sadeee2535 sadeee2535

21-12-2019
Business

contestada

Interview Example:

• Client is a leading food company that wants to develop a fresh prepared meal business
• Trend among consumers is toward fresher food with no artificial preservatives or coloring
• Consumers are currently purchasing $5 0 billion of frozen meals—trendis toward more upscale products
• A fresh meal plate combining a protein, vegetable and starch is delicately arranged in a sealed plastic dome package
• Nitrogen gas flushing is used to extend shelf life
• Product is currently in limited consumer test at $5 50 to $850 per meal
• Shelf life of product is 14 days— product will spoil in 21 dayspotentially causing food poisoning
• Client wants to know if they can make money in this business
• Client wants to know if the market is big—
how will they keep competition out?

Respuesta :

shaikhrabi shaikhrabi

21-12-2019

Answer and Explanation:

There are several ways through which client can answer all of the following concerns through:

Market Structure of the industry

Cost benefit analysis

Consumer's purchasing power (the price at which consumers are willing to buy)

Break even analysis

Market share of the industry

Marginal cost

Fixed Cost

How competitive is the market

Answer Link

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