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When FarmCot Foods Was Founded Five Years Ago, It Was

question 26

Multiple Choice

When FarmCot Foods was founded five years ago, it was a small shop set up by a family of dairy farmers in a disused farm shed, selling their own produce to the local community. The family had decided, at that point in time, to diversify their dairy farming activities into also selling their own milk, cheese and ice cream products. The aim was to increase their revenues, as dairy farming in their home country had been in decline for a number of years. Since then, the shop has been very successful and has expanded rapidly over the last three years, due largely to a strong growth in tourism in its home country and a shift in consumer demand for locally sourced fresh farm products. FarmCot Foods is now located in a large purpose-built building on the site of the original farm shed and also operates a very popular café, a children's play area and sells a much wider range of products and gifts, which are all sourced from local suppliers. Which of the following best describes FarmCot Foods approach to strategy development in the last five years?

Definitions:

Sales Manager

A professional responsible for leading and guiding a sales team to meet or exceed sales goals, develop strategies, and manage customer relationships.

Textual Visual

The combination of text and visual elements (such as images, charts, or graphs) to communicate information more effectively.

Leaderwork

The process or practice of leading, directing, or guiding groups, teams, or organizations towards achieving goals.

Clustered Bar Chart

A graphical representation used in statistics to compare a set of data across different categories, where bars are grouped together to facilitate comparison.