Jagdeep has decided to open a branch in Ramnagar. Which of the following facts about Ramnagar will BEST support his decision?
Explanation:
Only knowing the market shares of the two largest bakeries in Ramnagar will not help Jagdeep in deciding to open a branch in Ramnagar. Eliminate option 1. Le Croissant’s market share has no relevance to Jagdeep’s bakery. Thus option 3 can also be eliminated. Only having a big place at a nominal rent does not imply that the business will do well in Ramnagar. Eliminate option 4. between options 2 and 5, the former is a better choice since 3% of Le Baguette’s current revenue comes from Ramnagar. It then makes more sense in opening a new branch of Le Baguette in Ramnagar. Only supplying bread to many bakeries in Ramnagar need not necessitate opening a new branch in Ramnagar. Hence, option (b).
Help us build a Free and Comprehensive Preparation portal for various competitive exams by providing us your valuable feedback about Apti4All and how it can be improved.