Mini Case: Juicy Fruit Egypt Egypt has a recognized potential of processing fruit juices, due to the availability of fruit during off seasons, and through direct cost advantages. The sector has grown from $?13,000 to $13.5 million in six years. Juicy Fruit is an Egyptian company founded in 2012 supplying various juices to several 3213 customers ranging from coffee shops to restaurants that prefer to take the juices in bulk containers to serve them to their clientele and are mostly concerned about the basic price of the juice. Some outlets like, On the Run, Starbucks and other similar outlets prefer to have the juices bottled under their own brand name in attractive consumable bottles with awactive botdes and labels designs filled with fresh juice of high quality. Juicy Fruit is sacrificing a big portion of their prot margin to remain competitive in supplying their 3213 customers. General consumer reports on the other hand show a considerable potential for growth in the fresh bottled juice market, which represents, as indicated by the report, a golden opportunity for new brands to grow. However, for Juicy Fruit to create their own bottled brand, they need to give up on their bulk Juice customers and build their own production and distribution network. Case Questions 1. Explain what is a market segment using your knowledge and the discussion in the case. 2. From the case above, identify and describe two distinct market segments in the juice market and identify the factors (attributes) used to distinguish between both segments. Describe whether the company is working EEC or B2B? 3. Explain the idea of uncertainty in business and illustrate it using details from the case above. Suppose you are the owner of Juicy fruit. You have prepared a plan and raised capital to invest in a new.T juice bottling facility using your own brand. 4. 'What is the opportunity cost of investing this capital in a facility to create a brand carrying Juicy Fruit? Explain