Examine can all the food retail institutions be successful over the long run in Oman? ANSWER...

Examine can all the food retail institutions be successful over the long run in Oman?

ANSWER THE FOLLOWING QUESTION NOT LESS THAN 100 WORDS

Expert Solution

Ques. Examine can all the food retail institutions be successful over the long run in Oman?

Ans. No, all the food retail institutions be successful over the long run in Oman. Every business is started with the intention to grow it bigger, but all the businesses cannot succeed in long run. There are many factors that decide whether business will successful in the long run for food retail institutions also like tastes and preferences of customers towards the brand, financial backing of retail institution to finance it's growth in long run, profitability of food retail institution, innovation brought in it's process by food retail institution, ability of food retail institution to adopt new technologies, etc. Based on above discussion we can say that there are bunch of factors that decide the long run success of any business and it would be wrong to say that all businesses in particular industry will thrive. So, not all the food retail institutions will be successful over the long run in Oman.

ekkarill92 answered 1 year ago

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