I live in a small community that has two grocery marts, both owned by the same family. The marts have always been very well received by the community but they are also very expensive. I decided to open a grocery mart as well but i sell my goods at a much lower price.The family grocery mart owners are very upset with me about this, saying that i am stealing their customers. Am i competing unfairly?
Monday, July 23, 2018
PROBLEM SCENARIO
ENTREPRENEUR #4
I live in a small community that has two grocery marts, both owned by the same family. The marts have always been very well received by the community but they are also very expensive. I decided to open a grocery mart as well but i sell my goods at a much lower price.The family grocery mart owners are very upset with me about this, saying that i am stealing their customers. Am i competing unfairly?
I live in a small community that has two grocery marts, both owned by the same family. The marts have always been very well received by the community but they are also very expensive. I decided to open a grocery mart as well but i sell my goods at a much lower price.The family grocery mart owners are very upset with me about this, saying that i am stealing their customers. Am i competing unfairly?
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