Economic Factor

Breaktalk s economic factors Introduction The breaktalk group is a girlish and brilliant company that is rapidly expanding its business locally and internationally. With its touch sensation out-of-doors concept kitchen, the breaktalk bakery presented its products in attractive furtherance that short earned itself the repute if being a life-style brand. It has since franchised 73 bakery outlets overseas and to a greater accomplishment recently expanded into the eating house and food Atria business. aim of Breaktalk The breaktalk group play an important subprogram in peachy of Singapore s economy. Being a multinational country, it has been influenced by culture from different nationalities and countries. Singapore has been ranked as cardinal of the three major eating capitals In the Asia pacific comp onent and the other two countries argon Hong Kong and Australia. Singaporeans extremely declamatory proclivity for eating out has rose the incredible rang and tote ups wassail of this company outlets, from market restaurants and eateries to inexpensive cafes. There is a bighearted opportunity to be an entrepreneur in this industry because of its pocket-size entry barriers. Having this opportunity, enterprising individuals atomic number 18 attracted to give up passe-partout c atomic number 18ers and go into business. Today, breaktalk group defy expanded overseas by setting up franchises, joint venture of corporate have outlets.

The four factors that experience demand for the bread supplied There are state, price of substitute goods, income and taste and preferences Population Population is one of the factors that determine the demand for bread supplied by Breaktalk. Sin! gapore population has been extend year on year. Now population in Singapore is more 5 millions people. With the growing population, there are more people to consume the products and hence, the sales of Breaktalk also change magnitude from 31.4 millions in 2006 to 29.1 millions in 2007. Population growth tends to increase the number of buyers which increase the demand for breaktalk. Therefore ,there is a direct...If you want to find oneself a full essay, order it on our website: OrderEssay.net

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