https://padlet.com/kenny_tan/xy0qctb16ykv Made with an open mind en-us 2017-09-14 07:23:26 UTC 2017-09-14 22:39:59 UTC hello@padlet.com kenny_tan https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187450377 Please go to http://tinyurl.com/EC205pbltask3a
to access this page to post your questions

]]> 2017-09-14 07:25:13 UTC https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187450377 https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187457589 Grp 1: In order to product innovate/differentiate, your firm will need sufficient resources to do so. However it is stated that your firm is monopolistically competitive

Grp 2: The unique feature of selling Turkish ice cream is the interesting way in which the ice cream is served. Delivering your ice cream will not allow your special service to happen]]> 2017-09-14 08:02:59 UTC https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187457589 https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187457636 Grp 1: I'm going to start a similar business which offers better tuition services for more subjects Whatcha gonna do about that bro? ]]> 2017-09-14 08:03:12 UTC https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187457636 https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187457687 Grp 1: Tuition teachers who have to pay hourly fees for teaching students may not be willing to use your tuition services

]]> 2017-09-14 08:03:26 UTC https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187457687 https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187457707 Grp 1: what source did u use to find the cost of all the stuff???? ¿¿]]> 2017-09-14 08:03:30 UTC https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187457707 https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187457718 Grp1: is the F&B necessarily mpc? F&B is v wide and they range from mpc-oligopoly. This will affect ur BTE and u def need more than no skill to open a cafe]]> 2017-09-14 08:03:33 UTC https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187457718 https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187457836 Grp1: How are you going to ensure you retain customers if other people start setting up similar businesses]]> 2017-09-14 08:04:08 UTC https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187457836 https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187457849 group 1: How sure are you that teachers will be incentivised to use your business to promote their tuition services even though you're making them pay? (what if no students care???)


]]> 2017-09-14 08:04:12 UTC https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187457849 https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187457940 What if the whole place is crowded,can students still get seats?

]]> 2017-09-14 08:04:42 UTC https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187457940 https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187458036 I'm offering a 200,000 for a 20% stake thanks]]> 2017-09-14 08:05:10 UTC https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187458036 https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187458045 Grp 1: how do you know that the tution teachers will use ur services]]> 2017-09-14 08:05:12 UTC https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187458045 https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187458163 Grp1: how sure are you that your demand curve is price inelastic for people who stay up late to study? If you charge too high, you could lose your demand due to close substitutes. Also, if it is inelastic and students there stay to study, it could affect your business as you have a limited number of swats]]> 2017-09-14 08:05:47 UTC https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187458163 https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187458522 Your cafe will incur high losses if the demand is low/not up to expected. How sure are you in that yo]]> 2017-09-14 08:07:37 UTC https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187458522 https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187461290 Grp 2: Why dont you change your target audience to adults since they have higher purchasing power and demand will still be quite high. You would be able to charge higher prices to maximise profits.]]> 2017-09-14 08:21:04 UTC https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187461290 https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187462719 Grp2: Is there really a growing demand for ice cream? Is this backed by any research?]]> 2017-09-14 08:27:37 UTC https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187462719 https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187462800 GRP 2: what's the opportunity cost of choosing to sell Turkish ice-cream instead of normal ice cream]]> 2017-09-14 08:27:59 UTC https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187462800 https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187463134 grp 2: so since ppl may not want delivery for ice cream why would yu still want to have such services?]]> 2017-09-14 08:29:18 UTC https://padlet.com/kenny_tan/xy0qctb16ykv/wish/187463134