The owners of Puff Ball bakery want to open a second retail outlet. Which of the

Question

The owners of Puff Ball bakery want to open a second retail outlet. Which of the following scenarios is most likely to yield a competitive advantage? Multiple Choice Open a shop on an inexpensive piece of land near a new mixed-use residential and business district currently under construction. Purchase an existing bakery from a business that closed due to declining sales and try to revive it. Build a shop in a sparsely populated rural area where the land is inexpensive and few other bakeries exist. Open a shop in a crowded downtown location where several other bakeries have been successful over the years.

Explanation / Answer

the answer is option 4 open a shop in a crowded downtown location where several other bakeries have been successful over the years.

reason- since there is more success rate and the most important thing in business is location therefore it will be less risky to open the bakery where there is chances of success.

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