ECONOMICS
ECONOMIC SYSTEMS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The price will go up.
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The price will go down.
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Either A or B
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None of the above
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Detailed explanation-1: -A common way to avoid the risk of price fluctuation in your bakery business is to negotiate contracts so that you buy all of your raw materials in bulk and at fixed wholesale prices.
Detailed explanation-2: -Retail bakeries will want to look for a space in a central location close to their target demographic that also has a front-of-house area. Because wholesale bakeries sell their products to businesses rather than customers, they can be located farther from the city center or populated areas.
Detailed explanation-3: -Strengthen the aroma. Offer new products and recipes. Invite them to enter with a funny message. Prepare the products well and explain them. Give free samples. Manage your social media well. Create bespoke merchandising. Conduct small surveys among your customers. More items
Detailed explanation-4: -Smells Are Free! Tempt Your Customers. Entice People through the Door. Offer Up Free Samples. Be Smart on Social Media. Strike Up a Convo or Hold a Survey. Much Ado About Day Old Bread. Start a Website with Online Ordering Functionality.