Prior to Doing a Remodel to Increase the Size of Her

Prior to doing a remodel to increase the size of her bakery products store, Ming wants to conduct an analysis to help her decide on the viability of the expansion. Ming has discovered that a competing bakery in the same neighborhood is going out of business. She also finds that, due to a downturn in the real estate market, many of the neighborhood's wealthier residents are moving to a more affluent part of town. Based on your knowledge of environmental factors, which of the following conclusions should Ming derive from this information?

A) The closure of the competing bakery demonstrates a lack of interest in bakery products by current residents, so their migration will have an overall positive impact on Ming's business.
B) The closure of the competing bakery and the demographic changes will have little to no impact on Ming's business and should not affect her decision to expand.
C) The changing demographics of the neighborhood and the closure of the competing bakery will have an overall negative impact on Ming's business.
D) The closure of the competing bakery increases Ming's market share, but the demographic changes might result in decreased sales due to residents having less expendable income.
E) The closure of the competing bakery will most likely make the residents of the neighborhood decide to purchase their bakery products at the nearby supermarket.