Which of the following did Paradise Kitchens Inc.considered an external opportunity?
A)unique, high-quality, high-price products
B)many lower-quality, lower-price competitors
C)lack economies of scale of huge competitors
D)consumer income is high and convenience is important to U.S.households
E)more households "eating out," and bringing prepared take-out into home

Question

Quizplus · Accepted Answer

Consumer income being high and convenience being important to U.S. households is an external opportunity as it presents a favorable market condition for Paradise Kitchens Inc. to introduce their unique, high-quality, high-price products. This indicates that consumers are willing to spend more on convenience and quality products, which can work in favor of the company.

Which of the Following Did Paradise Kitchens Inc