Question

A market offers rows of exotic produce, fresh prime meats, seafood flown in fresh, a bakery filled with artisan breads and over 220 cheeses. This market is competing for customers on which major front?

1) The price for the value offered
2) Service level
3) Product selection
4) Location or access
5) Employee compensation

Answer 1

The market is primarily competing on product selection by offering a wide range of high-quality items like exotic produce, prime meats, fresh seafood, artisan breads, and a vast array of cheeses.

Step-by-step explanation:

The market described is competing primarily on the front of product selection. With a diverse range of exotic produce, prime meats, seafood, artisan breads, and over 220 cheeses, the emphasis is clearly on offering a wide and unique range of high-quality items. This focus on breadth and quality of product offerings is intended to attract customers who value variety and specialty items over other considerations such as price or convenience of location.

While factors like service level, location or access, and employee compensation may also play roles in the market's competitiveness, they are not as directly highlighted by the details given as the extensive product selection is. Moreover, offering such a wide array of products may also suggest an emphasis on a high service level due to the likely necessity of knowledgeable staff to assist customers with the diverse offerings.