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25 July, 18:30

While working in a fast food outlet, Harold observed that most of the customers were working in offices in the neighborhood. Sensing a profitable opportunity, he decided to open a catering business. He offered to deliver lunch directly to the offices so that the businesspeople would not have to interrupt their meetings to go out for lunch. In the context of the above scenario, which of the following was the reason for Harold to start his own business

A. To select a competitive environment

B. To have a free hand in selecting personnel

C. To obtain fresh inventory

D. To take advantage of the latest technology to fill a void

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  1. 25 July, 18:39
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    A. To select a competitive environment

    Explanation:

    Based on the scenario being described within the question it can be said that Harold's main reason for this was to select a competitive environment. Since he saw a business opportunity that was not being filled by competing companies, he decided to fill that void himself and make a profit doing so. Which is catering to take out orders for business people.
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