In order to prepare for this assignment, READ the information contained in the document “Salty Pawz file
NOTE: Please be certain to read the entire assignment since in some casesthere is more than one question you need to discuss, respond to, or address. Be sure that you have answered the entire question!
Reply1: Initial ReplyThis replyshould be a minimum of one short paragraph and a maximum of two paragraphs. Word totals for this replyshould be in the 100–200-word range. Whether you agree or disagree, explain why with supporting evidence and concepts from the readings or a related experience. Include a reference, link, or citation when appropriate.
ScenarioBetween recalls on mass-produced commercial dog food and a general understanding of the benefits of a healthier diet for pets, the demand for natural or organic dog food is experiencing a significant increase. Wanda’s treats are more expensive than the mass-produced treats found in most grocery and big box stores, but she prides herself on providing high-quality products and believes that her customers are willing to pay the extra money for quality.
1.How does Wanda’s strategy of being a high-quality provider take advantage of the shifts in consumer demand for healthy dog treats?
2.Identify and describe an event that might occur in the economy that would cause Wanda’s strategy to no longer be successful for Salty Pawz.
3.If this event occurred, what actions would Wanda have to take in response, andwhat impact might they have on her business?
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