Market Area Identification Study for Silogan Business
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Questions and Answers

What type of establishments are located near the Silogan Business?

  • Clothing stores and electronics shops
  • Gas stations and car repair shops
  • Fast food chains and high-end restaurants
  • Convenience stores, souvenir shops, and small eateries (correct)

    • Who are the potential customers identified in the market area surrounding the Silogan Business?

  • Senior citizens
  • Business executives
  • Students only
  • Families, tourists, and day-trippers (correct)

    • What opportunities does the proximity to Grotto Vista Resort offer the Silogan Business?

  • Collaborate with international businesses
  • Open a new branch
  • Target tourists and visitors looking for breakfast options (correct)
  • Offer discount coupons to locals

    • How does the researcher suggest the Silogan Business can thrive in the market area?

    <p>By tailoring offerings &amp; operations to cater to local preferences</p> Signup and view all the answers

    What type of dining options do the residents and visitors in the area seek according to the study?

    <p>Affordable and tasty dining options</p> Signup and view all the answers

    What is a potential strategy mentioned in the text regarding collaboration for the Silogan Business?

    <p>Cross-promotion with Grotto Vista Resort</p> Signup and view all the answers

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