How does the price of your medium cup of coffee with other businesses (cafes) in the market?
Fantastic news! We've Found the answer you've been seeking!
Question:
My price is much higher
My price is slightly higher
My price is consistent with other businesses
My price is slightly lower
My price is much lower
Question #3
3
Response is required
Your special decision in Week 4 was the choice to include weekend hours.
Did you choose to open on the weekends? Why or why not?
Yes NoQuestion #4
4
Response is required
Look at the results table in the simulation to find this answer:
What was your revenue after five (5) weeks in business?
Do not use thousands separators.
Question #5
5
Response is required
What did you learn from your performance in Period 1 (covering Weeks 1 through 5) that you can apply to your next set of decisions in Period 2 (covering Weeks 6 through 9)? How will you approach the simulation differently because of this?
Related Book For
Entrepreneurship Successfully Launching New Ventures
ISBN: 9780132555524
4th Edition
Authors: Bruce R. Barringer, R. Duane Ireland
Posted Date: