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

Answer 1

By not hiring another employee, I will have fewer government regulations to be in compliance with. By not hiring an additional employee, I will be able to keep my production costs down and will be able to sell my product for less money. I will also ensure that all consumers know what goes into making my yogurt. My strategies for competing with the other frozen yogurt store will work because the lower prices will attract consumers to my store. By advertising that our ingredients are natural, the consumers will come back for more.

Step-by-step explanation:

(Altered) for Edge 2023

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.