Directions Read the following passage and select the correct answer Alka had lost her job durin...........

Logical Reasoning(SBI-PO) Statement - Courses of Action

Directions: Read the following passage and select the correct answer.

Alka had lost her job during the lockdown and started a new business to support herself. She was providing tiffin service to the people who had depended on restaurants for daily food and were facing a problem due to the lockdown. Because of the apt timing and identification of need, her business had hit the ground running. It hadn't even required a lot of investment and she used her savings from the job to start it so she had no debt hanging on her. The business flourished for over an year but then as the lockdown opened, she saw a drastic reduce in demand for her tiffins. Alka surveyed her customers and found out that the local restaurants were offering a similar meal at a lower cost than her.

Which of the following actions would help Alka improve her business?

This questions was previously asked in

SBI PO Prelims (02 Jan, 2022)

View All SBIPO Previous Year Papers

Reduce the cost of her tiffins to get more customers, even if it means a little loss at the beginning.

Advertise to increase customer reach and extend her boundaries.

Come up with subscription and discount offers to allure customers without taking a significant loss.

Keep the business alive by reducing the prices and get back to her job thereby averting loss.

Retain the cost on her tiffins and try to change the class of target customers.

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