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After working for 15 years at an accounting firm, Hazel decided to go into business for herself taking care of lawns in her neighborhood.. By the end of her first year, Hazel knew that she had enough clients to earn a living this way. Business became so good that she hired two part-time workers to assist her and, even then, she believed she could expand further if she wanted to.
i) What competitive advantage does Hazel have over a professional lawn service?
ii) Hazel would like to increase her profits (without raising her prices) and has given some thought to increasing her productivity.
Explain how increased productivity could be an alternative to increased prices and, what are some ways Hazel could increase productivity.
iii) Hazel now wants to expand to other neighborhoods including some that are 5 miles away. What would be the advantages and disadvantages of doing this?
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Farris Billiard Supply sells all types of billiard equipment and is considering manufacturing their own brand of pool cues.
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