Economic Factor

Breaktalk s economic factors Introduction The breaktalk group is a materialization and brilliant company that is rapidly expanding its business locally and internationally. With its signature tune out-of-doors concept kitchen, the breaktalk bakery presented its products in attractive package that short earned itself the repute if being a lifestyle brand. It has since franchised 73 bakery outlets overseas and to a greater finale recently expanded into the eating house and food Atria business. image of Breaktalk The breaktalk group play an important subprogram in uppercase of Singapore s economy. Being a multinational country, it has been influenced by culture from different nationalities and countries. Singapore has been ranked as whizz of the three major eating capitals In the Asia pacific parting and the other two countries argon Hong Kong and Australia. Singaporeans extremely declamatory impulse for eating out has rose the incredible rang and human actions salute of this company outlets, from market restaurants and eateries to inexpensive cafes. There is a huge opportunity to be an entrepreneur in this industry because of its minuscule entry barriers. Having this opportunity, enterprising individuals atomic number 18 attracted to give up captain c areers and go into business. Today, breaktalk group bewilder expanded overseas by setting up franchises, joint venture of corporate have outlets.

The four factors that experience demand for the bread supplied There are nation, price of substitute goods, income and taste and preferences Population Population is adept of the factors that determine the demand for bread supplied by Breaktalk. Singapore 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 increase 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 abide a full essay, order it on our website: OrderEssay.net

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