Jack may be monitoring the number of customers buying farmed fish over wild caught. This economic factor can provide insights into consumer preferences, market demand, and potential shifts in the market that could impact his growth strategy. Understanding these trends can help him make informed decisions about inventory, marketing, and expansion.
Jack is about to develop a growth strategy for his fresh fish business, and he is monitoring external economic factors that may impact his decision on how best to grow. What economic factor may Jack be monitoring?
(1 point)
Responses
amount spent in paying staff to process fish for the store
amount spent in paying staff to process fish for the store
number of customers buying farmed fish over wild caught
number of customers buying farmed fish over wild caught
determining how many other fresh fish stores are in the region
determining how many other fresh fish stores are in the region
monitoring the fish business’s cash flow
1 answer
1 answer